Question: Hello, can somebody help me with a financial break even question for my marketing class? I have the correct answer but don't know how to

Hello, can somebody help me with a financial break even question forHello, can somebody help me with a financial break even question for my marketing class? I have the correct answer but don't know how to solve? Any help would be greatly appreciated!

A vendor on Peachtree sells bratwurst hot dogs for $4.10. His cart is open from 9 - 5, Monday through Friday. His variable costs average $0.65 per hot dog (depending mostly on toppings and condiments). He is considering a price increase to $4.60. 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. Answer: - 13

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!