You would like to open a hot dog stand at local game stadium. The fixed fee foir this stand is $500 for a game. The frozen hot dogs cost you $0.35 each. Suppose you can sell 2,000 hot dogs for the whole season. How much you should each hot dog for to break Even?

You would like to open a hot dog stand at local game stadium. The fixed fee foir this stand is $500 for a game. The frozen hot dogs cost you $0.35 each. Suppose you can sell 2,000 hot dogs for the whole season. How much you should each hot dog for to break Even?

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter14: Monopolistic Competition And Product Differentiation

Section: Chapter Questions

Problem 15P

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You would like to open a hot dog stand at local game stadium. The fixed fee foir this stand
is $500 for a game. The frozen hot dogs cost you $0.35 each. Suppose you can sell 2,000
hot dogs for the whole season. How much you should each hot dog for to break Even?

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