You are thinking about starting a business selling hot dogs at county fairs to provide you with
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Question:
You are thinking about starting a business selling hot dogs at county fairs to provide you with some extra income. What numbers should you fully understand before starting the business?
Select an answer:
- the amount of money derived by dividing your fixed costs by your contribution margin
- the result of dividing the number of hot dogs you need to sell by the number of hours in a day
- the amount of sales of food items that other vendors at the county fairs generate
- the result of treating your expected profit the way you treat a fixed cost
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