1 Select restaurant industry 2. Identify and describe at least 2 variable, 2 fixed and 2 mixed costs generally associate

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1 Select restaurant industry 2. Identify and describe at least 2
variable, 2 fixed and 2 mixed costs generally associated with this
industry. For each cost, explain why they were classified as
variable, fixed or mixed costs use useful artical 3. Critically
analyze how these costs would impact the financial viability of
companies that conduct business within these industries. In so
doing, students can answer the following questions or other
relevant questions that they create: a. Are there too many fixed /
variable / mixed costs or are the individual costs too expensive?
b. Would a company in this industry likely be able to survive a
significant drop in revenue? c. Do you think that these costs will
change significantly over the next 5 years? Why?