Essay
A guest at Raphael's Italian Restaurant generally spends $150.00 on a meal.Most of Raphael's customers are local and eat at the restaurant twice a month.If the restaurant's margins are 60 percent, and a loyal customer is estimated to be worth $3000, determine the average defection rate.
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VLC = P*CM*RF*BLC
3000 = (150)...View Answer
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Correct Answer:
Verified
3000 = (150)...
View Answer
Unlock this answer now
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