Multiple Choice
Tomas manages a Pizza Hut restaurant and is considering changing the hours of the restaurant by keeping it open later on Friday and Saturday nights. He is concerned about the additional costs of labor and ingredients this decision will create. What type of costs is Tomas concerned with?
A) inelastic
B) total
C) variable
D) elastic
E) fixed
Correct Answer:
Verified
Correct Answer:
Verified
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