Question
Wholesale costs for live lobsters are $ 8.95/lb and each lobster weighs an average of 1.25 lbs. What is the philosophy on menu pricing vs.
Wholesale costs for live lobsters are $ 8.95/lb and each lobster weighs an average of 1.25 lbs. What is the philosophy on menu pricing vs. profit and what would you charge for a 1.25 lb lobster on your menu (assume its a la carte). Why?
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Stats Data And Models
Authors: Richard D. De Veaux, Paul D. Velleman, David E. Bock
4th Edition
321986490, 978-0321989970, 032198997X, 978-0321986498
