Why is price higher at Fde'L than Taco Villa?
The price is higher at Fde'L because their supplies are more expensive. In order to maintain a positive revenue, Fde'L's must charge a higher price to counteract the high cost of supplies. However, Taco Villa is able to offer a lower price because their supplies cost less.
Seems like you have the right idea. What is positive revenue though?
ReplyDeleteA positive revenue is when a businesses' total cost is less than their total profit. Essentially, when the cost is deducted from the profit, the revenue is the money left over that the company earns.
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