Question: A. An establishment operates in a market whose size is estimated to be $8,000,000 annually based on sales made to 200,000 customers at a check
A. An establishment operates in a market whose size is estimated to be $8,000,000 annually based on sales made to 200,000 customers at a check average of $40 (see chapter 1). Last year the operation achieved revenue of $1,200,000. 1. What percentage of market share did the establishment capture last year? 2. What number of customers did the operation likely serve last year
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