Question
Zia wants to increase total revenue at his
restaurant. The price elasticity of demand for several dishes that he serves are given in the table below. Price elasticity of demand of Malaysian dishes Dish Price elasticity of demand Nasi lemak 0.7 Satay 2 Rendang 1 Ulam 1.4 Pulut 100 What dish should Zia increase the price of if she wants to increase total revenue?Solution
PED for Nasi lemak is less than 1 which means its price inelastic. If Zia raises the price of this dish, qty dd will decrease by a smaller amount than she increases the price, as a result, its total revenue increases.
In high-temperature short-time (HTST) method of pasteurization, milk is exposed to a temperature of
Low-level irradiation of fresh fruits is used to:
Butter or ghee is adulterated with the addition of……..
What is the full form of NOEL?
What is the biggest threat to food safety?
Which one of the following is not a food preservative?
The catalytic efficiency of two different enzymes can be compared by the:
Increase in metabolic rate that occurs in response to a stimulus like food ingestion is called:
following are the example of primary packaging in food
a.      metallic can
b.     milk pouches
c.      cho...
