SOLUTION: Jane’s Seafood Diner serves 200 meals a day at an average price of $20. The variable cost of each meal is $10, and the fixed costs of running the restaurant are $1,750 a day. (I

Algebra ->  Customizable Word Problem Solvers  -> Misc -> SOLUTION: Jane’s Seafood Diner serves 200 meals a day at an average price of $20. The variable cost of each meal is $10, and the fixed costs of running the restaurant are $1,750 a day. (I      Log On

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Question 1209493: Jane’s Seafood Diner serves 200 meals a day at an average price of $20. The variable cost of each meal is $10, and the fixed costs of running the restaurant are $1,750 a day.
(I) What profit does the restaurant make?
(ii) What is the average cost of a meal?
(iii) By how much would the average cost of a meal fall if the number of meals served rose to
250 a day

Answer by ikleyn(52890) About Me  (Show Source):
You can put this solution on YOUR website!
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                        D U P L I C A T E


Just solved at this forum today under this link

https://www.algebra.com/algebra/homework/word/misc/Miscellaneous_Word_Problems.faq.question.1209494.html

https://www.algebra.com/algebra/homework/word/misc/Miscellaneous_Word_Problems.faq.question.1209494.html