Question: a quotlittle sisquot restaurant has been opened as a prototype...
A "Little Sis" restaurant has been opened as a prototype to test the concept of a smaller facility with a limited menu. Experience during the first two years was as follows:
|Year||Annual Volume (Customer Visits)||Total Cost (Fixed plus Variable Cost)|
The average sale is $10 per customer. Use the following partially completed graph to determine the break-even quantity graphically. Then refine your solution by solving it algebraically.
A. The break-even quantity is more than 70,000 customer visits.
B. The break-even quantity is more than 30,000 customer visits and fewer than or equal to 50,000 visits.
C. The break-even quantity is fewer than or equal to 30,000 customer visits.