Question
Totally Italian Restaurant has placed a new item on the menu. The owner has determined that the full cost of the item is $9.45.
Totally Italian Restaurant has placed a new item on the menu. The owner has determined that the full cost of the item is $9.45. The owner would like to mark up the item by 50%. How much should the restaurant charge for this new menu item?
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Managerial Economics and Business Strategy
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