{"blocks": [{"key": "1ad4e23c", "text": "Scenario", "type": "header-two", "depth": 0, "inlineStyleRanges": [], "entityRanges": [], "data": {}}, {"key": "c8750701", "text": "You own a restaurant and a Groupon-like website proposes selling coupons for your venue. You must assess whether joining the deal improves profitability.", "type": "unstyled", "depth": 0, "inlineStyleRanges": [], "entityRanges": [], "data": {}}, {"key": "700f1aab", "text": "Question", "type": "header-two", "depth": 0, "inlineStyleRanges": [], "entityRanges": [], "data": {}}, {"key": "a6534f26", "text": "What qualitative and quantitative factors would you evaluate before deciding to partner with the coupon website? 2. Given current operations (20 tables/day, $30 average spend, variable cost = 40% of revenue, fixed cost = $100/day), calculate the daily profit. 3. If joining the site requires paying a 40% commission on every check that uses one coupon (max one coupon per table), what average spend per table would make the partnership at least break-even? 4. Based on your calculation, would you join the site? Justify your decision. 5. After joining, new data show 25 tables/day, 10 tables using coupons, $36 average spend, variable and fixed costs unchanged. Calculate the new daily profit and decide whether to continue the partnership. Explain why the profit changed.", "type": "unordered-list-item", "depth": 0, "inlineStyleRanges": [], "entityRanges": [], "data": {}}, {"key": "16d6f431", "text": "Hints", "type": "header-two", "depth": 0, "inlineStyleRanges": [], "entityRanges": [], "data": {}}, {"key": "4d9dd744", "text": "Lay out revenue, variable and fixed costs separately; distinguish coupon and non-coupon tables; compare profits before and after to support your recommendation.", "type": "unstyled", "depth": 0, "inlineStyleRanges": [], "entityRanges": [], "data": {}}], "entityMap": {}}