Menu Costs Are the Costs Of

question 68

Multiple Choice

Menu costs are the costs of:

• A)running a restaurant.
• B)changing prices.
• C)increasing aggregate demand.
• D)changing production.

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Definitions:

Dividends

Payments made by a corporation to its shareholder members, usually derived from the company's profits.

Effects On Other Parts

The impact that changes or actions in one segment or component have on other segments or components within a system or organization.

Proceeds From Sales

The total amount of money received by a company from selling goods, services, or assets.

Opportunity Costs

The cost of foregoing the next best alternative when making a decision. It represents the benefits an individual, investor, or business misses out on when choosing one alternative over another.