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The owner of a small restaurant that sells take-out fried chicken and biscuits pays each month $2,500 in rent,$500 in utilities,$750 interest on his loan,insurance premium of $200,and $250 on advertising on local buses.A bucket of take-out chicken is priced at $9.50.Unit variable costs for the bucket of chicken are $5.50.How many small buckets of chicken does the restaurant need to sell to break-even each month?
Charismatic
Possessing a compelling charm or appeal that inspires devotion or admiration from others.
Weber's Definition
Refers to Max Weber's comprehensive descriptions and categorizations in sociology, particularly his definitions of bureaucracy and the process of rationalization.
Adolf Hitler
A German politician and leader of the Nazi Party who rose to power as Chancellor of Germany in 1933 and later Führer in 1934, initiating World War II and enacting policies that led to the Holocaust.
Legitimate Power
A form of authority that is recognized and accepted by individuals because it stems from a position of responsibility in a hierarchy.
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