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Financial Management

Assume you were a server at Chez Paul’s on the night this new menu price was initiated. How would you respond to a returning guest who questioned the significant price increase on the snapper item?
Assume you were a regular customer at Chez Paul’s, and that the snapper was your favorite item. How would you likely respond to the new menu price? If you bought it, would you consider the item to have delivered an extra $9.00 of value to your dining experience?
Do you think Henri’s new menu price was a direct result of Mark’s cost-based pricing philosophy? How would you have advised Henri to respond to the increase in red snapper cost?

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