Use the following to answer question:
Figure: The Restaurant Market 
-(Figure: The Restaurant Market) Use Figure: The Restaurant Market.The figure shows curves facing a typical restaurant.Assume that many firms,differentiated products,and easy entry and exit characterize the restaurant industry.The restaurant shown here will maximize profits at quantity:
Definitions:
Cost System
A method used to allocate costs to products, services, or projects in order to assess financial performance and profitability.
Process Inventory
Inventory that includes all the direct costs and manufacturing overhead involved in the production process until the goods are finished.
Processing Department
A specialized division within a manufacturing or processing company where raw materials are transformed into finished goods.
Cost System
A method or process adopted by a company to collect and analyze its costs for managerial decision-making.
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