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Pricing Menu Items

Assume that you have a menu item that costs $3.43 in food cost and 18 minutes of direct labor to create. Price the menu item using at least two of the methods identified in the text. Include your math in a clear format so that others can see how you obtained that price. describe how the two pricing methods you used differ. Then, identify the method that you would use in your establishment, and describe why you have made this decision.

 

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M923913

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