Fast Food Restaurants Produce a Range of Menu Items Such

question 22

Multiple Choice

Fast food restaurants produce a range of menu items such as hamburgers,chicken sandwiches,salads,and french fries.What fundamental economic question are they addressing by offering this range of items?

• A)How to produce goods that consumers want?
• B)Why produce a variety of menu items?
• C)What to produce?
• D)Who to produce the menu items for?

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Definitions:

Profitability

A measure of how much profit a business generates compared to its size, sales, or assets.

Debt

Debt is an amount of money borrowed by one party from another, which is expected to be paid back with interest.

Assets

Resources owned by a business that have economic value and can be expressed in monetary terms.

Profitability Analysis

The process of examining a company's performance and efficiency in generating profit from sales and investments.