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A restaurant is considering adding fresh brook trout to its menu. Customers would have the choice of catching their own trout from a simulated mountain stream or simply asking the waiter to net the trout for them. Operating the stream would require $6,125 in fixed cost per year. Variable costs are estimated to be $6.4 per trout. The firm want to break even if 500 trout dinner are sold per year. What should be the price of the new item? $___

Operation Management, Management Studies

  • Category:- Operation Management
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