A Catering Service Has Contracts with a Number of Customers

question 15

True/False

A catering service has contracts with a number of customers to supply lunches on a daily basis.The chef has complained of the long hours she must work to prepare all of these lunches and has threatened to quit.It would be very difficult,if not impossible,to replace the chef.To reduce the pressure on the chef,some contracts may have to be cancelled.(The catering service can cancel any contract with seven days notice. )To help make this decision,the profitability of each customer should be measured by dividing the daily incremental profit from serving each customer by the amount of the time it takes the chef each day to prepare the customer's meals.

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Definitions:

Native-born Americans

Individuals born in the United States, as opposed to those who have immigrated to the country and obtained citizenship.

Political Office

A position of authority within a government, obtained typically through election or appointment, where one can influence public policy and decision-making.

Free Labor Ideology

The belief prevalent before and during the American Civil War in the Northern states that work ethic and labor should be freely chosen and rewarded, contrasting with the forced labor system of slavery.

Slave Labor

The forced, unpaid work of enslaved people, utilized extensively in various societies throughout history, notably in the Americas up until the 19th century.