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13. Food trucks have become a $2 billion industry, serving creative, and often healthy, food options in places where traditional food options might be limited. For example, a food truck might stop at a local college campus during lunch time. The truck might stop later at an underprivileged district in the afternoon, and then to a local club scene in the evening. Which of the following are advantages food trucks have over traditional restaurants in terms of land and capital costs? Food trucks can easily establish a brand name, helping cement a loyal customer base. The physical capital needed to set up a food truck is less than that of a restaurant. Food trucks require little, if any, land, provided they have the proper permits to operate in a public street. O Food trucks can seek out demand instead of having to expend resources drawing customers to a fixed location.

13. Food trucks have become a $2 billion industry, serving creative, and often healthy, food options in places where traditional food options might be limited. For example, a food truck might stop at a local college campus during lunch time. The truck might stop later at an underprivileged district in the afternoon, and then to a local club scene in the evening. Which of the following are advantages food trucks have over traditional restaurants in terms of land and capital costs? Food trucks can easily establish a brand name, helping cement a loyal customer base. The physical capital needed to set up a food truck is less than that of a restaurant. Food trucks require little, if any, land, provided they have the proper permits to operate in a public street. O Food trucks can seek out demand instead of having to expend resources drawing customers to a fixed location.

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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13. Food trucks have become a $2 billion industry, serving creative, and often healthy, food options in places where traditional food options might be limited. For example, a food truck might stop at a local college campus during lunch time. The truck might stop later at an underprivileged district in the afternoon, and then to a local club scene in the evening. Which of the following are advantages food trucks have over traditional restaurants in terms of land and capital costs? Food trucks can easily establish a brand name, helping cement a loyal customer base. The physical capital needed to set up a food truck is less than that of a restaurant. Food trucks require little, if any, land, provided they have the proper permits to operate in a public street. Food trucks can seek out demand instead of having to expend resources drawing customers to a fixed location.
Transcribed Image Text:13. Food trucks have become a $2 billion industry, serving creative, and often healthy, food options in places where traditional food options might be limited. For example, a food truck might stop at a local college campus during lunch time. The truck might stop later at an underprivileged district in the afternoon, and then to a local club scene in the evening. Which of the following are advantages food trucks have over traditional restaurants in terms of land and capital costs? Food trucks can easily establish a brand name, helping cement a loyal customer base. The physical capital needed to set up a food truck is less than that of a restaurant. Food trucks require little, if any, land, provided they have the proper permits to operate in a public street. Food trucks can seek out demand instead of having to expend resources drawing customers to a fixed location.
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