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Special Order: A group of 15 Lincoln students are returning from Disneyland. They stop off at a restaurant outside of Anaheim. This restaurant has a

Special Order: A group of 15 Lincoln students are returning from Disneyland. They stop off at a restaurant outside of Anaheim. This restaurant has a capacity of 400 meals per day. It currently serves 375 meals per day. The daily fixed costs are $1,200 per day. The main meal is a hamburger that sells for $18; the unit variable cost is $10 per burger. The student leader of the bus trip offers to bring the students into the restaurant, if the total payment for 15 meals could be $180. The restaurant owner refuses because he says that he would lose on average $1.20 per meal. Please comment on the restaurant owner's reasoning. Is he correct? What would you show the restaurant owner to change his mind?

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