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Analyze any food restaurant business? What fixed costs are there? If there are low fixed costs, why can't anyone else do that same business, suggesting
Analyze any food restaurant business? What fixed costs are there? If there are low fixed costs, why can't anyone else do that same business, suggesting a hypercompetitive landscape. What are your unit variable costs? Are those costs stable in an inflationary environment? What is your unit price? Will your business be able to increase prices if inflation causes your unit variable costs to rise? What is your breakeven point?
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