Vipsana's Gyros House Sells Gyros

question 123

Multiple Choice

Vipsana's Gyros House sells gyros.The cost of ingredients (pita, meat, spices, etc.) to make a gyro is $2.00.Vipsana pays her employees $60 per day.She also incurs a fixed cost of $120 per day.Calculate Vipsana's variable cost per day when she produces 50 gyros using two workers?

• A)$100
• B)$124.40
• C)$220
• D)$240

---

Definitions:

50th Percentile

A statistical measure indicating the value below which 50% of observations in a group fall.

Geometric Mean

The nth root of the product of n numbers, useful for determining the average rate of return over time.

Growth Factors

Elements or variables that contribute to the growth rate of an economic variable, a company, or an investment.

Atlanta

The capital city of Georgia, known for its historical sites, economic significance, and cultural diversity.