The managers of Lazy Duck restaurant located in the Commercial Drive area in Vancouver want to achieve a $9.835 profit in December 2023 because it's a very busy month. They know that the fixed costs will be a little high at $22,900, and the average selling price will be $9 because this restaurant serves budget food choices. Provided that the variable rate will be .35, how many customers are needed to achieve the required monthly profit in December 2023 in this restaurant? Round all calculations to two decimal places unless they naturally round up to one decimal place or a whole number.

Answer rating: 100% (QA)

To calculate the number of customers needed to achieve the required monthly profit we can use th... View the full answer