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Type your question here 52. You own a restaurant and just negotiated a decrease in the cost of steaks by 25 cents a steak. You

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52. You own a restaurant and just negotiated a decrease in the cost of steaks by 25 cents a steak. You normally sell 300,000 steak dinners a year. Your business pays an average of 30 percent in income taxes. What is the annual tax cost of this increased efficiency?

  1. $22,500.
  2. $52,500.
  3. $75,000.

$210,000

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