Business, 21.08.2021 01:00 rleiphart1

A restaurant owner is trying to decide whether to stay open at lunchtime. She has far fewer customers at lunch than at dinner and the revenue she brings in from lunch covers her expenses to buy food and pay the staff, but not much more. The restaurant owner should: multiple choice open for lunch, as the extra revenue from staying open covers the variable costs of staying open for lunch. close for lunch, as the revenue from staying open for lunch will only cover the variable cost of staying open and not the fixed cost. open for lunch, as the revenue from staying open for lunch covers the total costs of staying open for a full day. close for lunch, as the revenue from staying open for lunch will not yield any profit.

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A restaurant owner is trying to decide whether to stay open at lunchtime. She has far fewer customer...

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