Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. a concession stand currently only has two food ite

A concession stand currently only has two food items on its menu: hot dogs and...

50.1K

Verified Solution

Question

Finance

A concession stand currently only has two food items on its menu: hot dogs and pretzels. The concession stand is thinking of investing in a popcorn machine. Currently, the concession stand sells 100 hotdogs at $3.25 and 200 pretzels at $2.00 every week. Analysis shows that if they add popcorn to their menu, they should be able to sell 100 bags at $1.50 each. However, this will decrease the sales of hotdogs by 25 a week and they will have to lower the price of the pretzels to $1.75 to maintain the current level of pretzel sales. What is the weekly cash flow that you should use to determine if adding popcorn to the menu is profitable?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

1) The kidneys are placed ________________ to the vertebral column 2) •Spinal Cavity The tubular space formed by...

Medical Sciences
Q

What are the sources of the bills introduced into Congress O Senators only Representatives only...

Biology
Q

Tricyclic antidepressants raise brain levels of neurotransmitters by making receptors for neurotransmitters more sensitive increasing...

Biology
Q

Given a railroad curve with the following parameters Do 18 00 00 2 00 00...

Basic Math
Q

A manufacturer produces jeans in 9 sizes, 7 different colors, and 6 different stitching patterns....

Basic Math
Q

At the Williams County fair, Savannah rides a ferris wheel with a radius of 18...

Basic Math
Q

Side by Side til recently the Zika virus was a rare and mild public Ith...

Statistics
Q

#4 need help checking my work. If i have any errors please let me know....

Accounting
Q

North Wind Aviation received its charter during January authorizing the following capital stock: Prefered stock:...

Accounting
Q

Problem 1: Journalize the following selected transactions completed during the current fiscal year: ...

Accounting
Q

Sheffield Corp. had the following transactions during 2017:

Accounting
Q

Need to select one correct answers for each question as follows: A characteristic of FICA...

Accounting