The Customer Is Added in to the 13 Cs, Which

question 38

True/False

The customer is added in to the 13 Cs, which was absent in the original four Ps.

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Definitions:

Marginal Cost

Marginal cost is the cost of producing one additional unit of a good or service, which includes all variable costs associated with its production.

Average Cost

The total cost divided by the quantity produced, often used to assess efficiency or profitability.

Standard Meals

Refers to set menu options in a food service establishment that are regularly available and usually priced at a fixed rate.

Producing

The act of creating, manufacturing, or generating goods or services.