Imagine you've started a new pizza restaurant.  It costs you about $6 to produce a pizza. Last week you sold 500 pizzas for $12 each. This week you raised your price and sold 300 pizzas for $16 each.  What price should you be charging?  (round to the nearest penny)

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Imagine you've started a new pizza restaurant.  It costs you about $6 to produce a pizza.

Last week you sold 500 pizzas for $12 each.

This week you raised your price and sold 300 pizzas for $16 each. 

What price should you be charging?  (round to the nearest penny) 

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