A restaurant is deciding whether it wants to update its image or not

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A restaurant is deciding whether it wants to update its image or not. It currently has a cozy appeal with an outdated decor that is still good condition, menus and carpet that needs to be replaced anyway, and loyal customers.
Identify the restaurant management
(1) those costs that are relevant to this decision,
(2) those costs that are not differential,
(3) and qualitative considerations. 

    • 10 years ago
    A restaurant is deciding whether it wants to update its image or not
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