Dominoes Tossed Out Its Old Pizza Recipe and Openly Mocked

question 100

Multiple Choice

Dominoes tossed out its old pizza recipe and openly mocked itself in advertisements,admitting that the old formula tasted like cardboard.Which dimension of quality was Dominoes attempting to change?

• A)Aesthetics
• B)Features
• C)Reliability
• D)Serviceability
• E)Perceived quality

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Definitions:

Profit

is the financial gain realized when the revenue generated from business activities exceeds the expenses, costs, and taxes needed to sustain the activity.

Breaks Even

The point at which total costs and total revenue are equal, leading to no net loss or gain for a business.

P = ATC

P = ATC denotes the point where the price is equal to the average total cost, indicating a break-even point for a firm in the short run.

Level of Output

The quantity of goods or services produced by a business within a certain period.