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ollin has a small business selling hotdogs at tennis matches. He purchases all of the aterials to make each hotdog for $2.60 and has fixed costs at each match of $10. ollin sells each hotdog to customers for $3.60. At most he can produce 42 hotdogs at match. ) Draw a complete break-even chart of Collin's hotdog business. Your picture should ave a dot on the break-even point and lines for total revenue, total cost, and fixed ost. 150

ollin has a small business selling hotdogs at tennis matches. He purchases all of the aterials to make each hotdog for $2.60 and has fixed costs at each match of $10. ollin sells each hotdog to customers for $3.60. At most he can produce 42 hotdogs at match. ) Draw a complete break-even chart of Collin's hotdog business. Your picture should ave a dot on the break-even point and lines for total revenue, total cost, and fixed ost. 150

A First Course in Probability (10th Edition)
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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This is a two part question. Collin has a small business selling hotdogs at tennis matches. He purchases all of the materials to make each hotdog for $2.60 and has fixed costs at each match of $10. Collin sells each hotdog to customers for $3.60. At most he can produce 42 hotdogs at a match. (1) Draw a complete break-even chart of Collin's hotdog business. Your picture should have a dot on the break-even point and lines for total revenue, total cost, and fixed cost. y, Revenue/Cost ($) 150 140 130 120 110 100 90 80 70 60 50- 40 30- 20 10 24 6 8 10 12 14 16 18 20 22 24 26 28 30 32 34 36 38 40 42 44 x, Units
Transcribed Image Text:This is a two part question. Collin has a small business selling hotdogs at tennis matches. He purchases all of the materials to make each hotdog for $2.60 and has fixed costs at each match of $10. Collin sells each hotdog to customers for $3.60. At most he can produce 42 hotdogs at a match. (1) Draw a complete break-even chart of Collin's hotdog business. Your picture should have a dot on the break-even point and lines for total revenue, total cost, and fixed cost. y, Revenue/Cost ($) 150 140 130 120 110 100 90 80 70 60 50- 40 30- 20 10 24 6 8 10 12 14 16 18 20 22 24 26 28 30 32 34 36 38 40 42 44 x, Units
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