When Pizza Hut Announced It Was Going to Add 25

question 120

Multiple Choice

When Pizza Hut announced it was going to add 25 percent more toppings to its Meat Lover's line of pizzas without increasing prices, consumers benefitted from an increase in what?

• A) cost
• B) appearance
• C) value
• D) price
• E) quality

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Definitions:

Note Payable

A written agreement whereby the borrower agrees to pay a certain sum of money to the lender at a future date.

Land Costing

The total expense incurred to acquire land, including purchase price, closing costs, and any other costs to prepare the land for use.

Delivery Van

A type of vehicle designed for transporting goods, often used by companies for the delivery of products to customers.

Note Payable

A written promissory note where the borrower agrees to pay back the lender a specified amount of money at a future date or on demand.