1. Menu Pricing And Strategy
... mix, food cost, average check, gross profit, customer counts, and revenue. Cost must be known in order to measure profit contribution on each sale. The task of menu pricing is beset with misgivings and uncertainty. Prices that are too high will drive customers away, and prices that are too low will sacrifice profit. Prices partially influence which menu items will sell ... ...
- Word Count: 2193
- Approx Pages: 9
- Grade Level: High School