When Purchasing, Cooking, and Serving Lobsters It Is Important to Know

question 9

Multiple Choice

When purchasing, cooking, and serving lobsters it is important to know that

• A) many gourmet cooks prefer the female because of its finer flavor.
• B) the pale green liver, known as tomalley, is found in both male and female lobsters.
• C) even though the larger claw has more meat, the meat from the smaller claw is both sweeter and more tender.
• D) unless canned or frozen, lobsters must remain alive until cooked.
• E) all of the above answers are correct

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Definitions:

Sunk Cost

A past expense that has already been incurred and cannot be recovered, which should not influence future business decisions.

Concession Stand

A vendor booth or stall that sells snacks, drinks, and other small items at events, in public places, or in entertainment venues.

Erosion

In a financial context, erosion refers to the gradual reduction of assets or earnings, primarily due to costs, wear and tear, or obsolescence.

Cash Flows

Cash flows refer to the net amount of cash being transferred into and out of a business, often used to analyze the liquidity and financial health of a company.