(a)[8]
Identify and explain two legal controls that may affect Peter when recruiting and employing workers.
(b(i))[1]
Look at Appendix 2. Finish the break-even chart below by plotting the Total Revenue line. The chart includes: - A vertical axis marked "$" ranging from 0 to 500. - A horizontal axis marked "customers per day" ranging from 0 to 50. - A line labelled "Total Costs" moving upward from $100 at 0 customers to around $350 at 50 customers. - A horizontal line labelled "Fixed Costs" at $100.
(b(ii))[1]
Identify the break-even number of customers per day.
(b(iii))[10]
Consider these two methods Peter could use to try to increase profit. Recommend which method he should choose. Justify your answer. Raise prices. Reduce variable costs. Recommendation.