Mathematics, 13.04.2020 06:26 proutyhaylee

You switch the positions of two items on your menu. Chicken tenders sales drop from $800 to $600. Food cost for chicken tenders is 25%. Cheeseburger sales rise from $500 to $700. Food cost for cheeseburgers is 20%. Was this a good move?

a) Yes, gross margin increased
b) No, gross margin decreased
c) Didn't change gross margin

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