Menu costs are the:
A) cost of changing interest rates.
B) cost of converting currencies.
C) cost of changing prices.
D) cost of changing exchange rates.

Question

Quizplus · Accepted Answer

Menu costs refer to the costs associated with changing prices, such as the printing and distribution of new menus or price tags. Therefore, the correct choice is C. The other choices are incorrect as they refer to different types of costs, such as the cost of changing interest rates (A), converting currencies (B), or changing exchange rates (D).

Menu Costs Are The