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The manager is reviewing a list of expenses for the operation of her establishment. She notices several increases in costs compared to the previous month.These
The manager is reviewing a list of expenses for the operation of her establishment. She notices several increases in costs compared to the previous month.These are the items that have increased in cost:
- Electricity
- Labor
- Food cost
a- What can the manager do to reduce these costs in the upcoming months?
b- Are there any costs that she cannot reduce?
c- Which of the costs are semi variable and how can she control the variable portion of those costs?
d- What can she do to increase profits even if she is not able to cut costs?
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