Determine the Menu Price for the Following

question 65

Short Answer

Determine the menu price for the following. Round to the nearest cent. The raw food price is $2.41, and the markup rate is 5/8. $_______________

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Definitions:

World Community

signifies the international collectivity of states, organizations, and people, implying a shared responsibility towards global issues such as peace, human rights, and environmental protection.

American Empire

A term sometimes used to describe the United States' political, economic, and cultural influence over other countries, particularly during and after the late 19th century.

Liberty

A fundamental concept that denotes the state of being free within society from oppressive restrictions imposed by authority on one's way of life, behavior, or political views.

Prosperity

A state of flourishing, success, or wealth in a social or economic context.