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Ray Kroc,a Milk Shake Machine Salesman,noticed That One Restaurant in California

question 67

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Ray Kroc,a milk shake machine salesman,noticed that one restaurant in California burned up many milk shake machines.He inferred that the restaurant was meeting the needs of the market better than other restaurants.His observation illustrates the use of:


Definitions:

Interest Rate

The rate at which interest is applied to a borrowed sum, usually shown as an annual percentage of the remaining loan amount.

Perimeter

The perimeter of a shape is the total length of its boundary, measured along the outer sides.

Rectangular Playing Field

A flat area of land designated for sports or games, with a length typically greater than its width, bounded by straight edges at right angles.

Square Meters

A unit of area measurement in the metric system, equivalent to the area of a square with sides one meter in length.

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