Raoul Received a $25 Tip for Waiting on a Large

question 21

Multiple Choice

Raoul received a $25 tip for waiting on a large party. This was $10 more than one-fourth of the tip the head-waiter received. How much did the headwaiter get for a tip?

• A) $63
• B) $55
• C) $60
• D) $57
• E) $120

---

Definitions:

Production Volume

The total quantity of products manufactured within a specific period, indicating the level of output.

Economies of Scale

The cost advantage achieved when production becomes efficient, as fixed costs are spread over more units of output.

Advertising Dollars

The amount of funding allocated to promotional activities in order to increase product or service visibility.

Economies of Scale

Cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output generally decreasing as scale is increased.