A vendor on Peachtree sells bratwurst hot dogs for $4.70. His cart is open from 9 -
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Question:
A vendor on Peachtree sells bratwurst hot dogs for $4.70. His cart is open from 9 - 5, Monday through Friday. His variable costs average $0.75 per hot dog (depending mostly on toppings). He is considering a price decrease to $4.35.
Calculate the percent profit breakeven metric for this price change. Report your answer as a percentage (whole number) and round to the nearest percentage point.
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