A fine-dining
restaurant in Sydney that is booked out most nights has found a way to reduce
the time it takes to take payment from tables. The restaurant pays cooks and
wait staff by the hour. Which stakeholder will benefit the most from this
change?

Question

Answer

The
bank that provided a loan to the restaurant benefits the most as they will
receive more interest.

Answer

The owners
benefit most because, on the margin, more customers can be served per night.

Answer

Cooks
will benefit most because they will earn more.

Answer

Customers
benefit most because they can leave sooner.

Crowdly

A fine-dining restaurant in Sydney that is booked out most nights has found a...

Want instant access to all verified answers on moodle.telt.unsw.edu.au?