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Visit your favorite fast-food or take-out restaurant. Observe its business operations. Describe all business activities from the time a customer arrives to the time that

Visit your favorite fast-food or take-out restaurant. Observe its business operations.

  1. Describe all business activities from the time a customer arrives to the time that customer departs.
  2. List all costs you can identify with the separate activities described in part 1.
  3. Classify each cost from part 2 as fixed or variable, and explain your classification.

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