Question
A bar spends S0.50 to make a drink and currently sells them for $2. They are considering raising the price to $3.50 in order to
A bar spends S0.50 to make a drink and currently sells them for $2. They are considering raising the price to $3.50 in order to increase sales.
How many drinks must the bar sell at the new price in order to at least stay-even?
Please answer correct explain plz asap
Don't answer by pen paper plz
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Introductory Econometrics A Modern Approach
Authors: Jeffrey M. Wooldridge
4th edition
978-0324581621, 324581629, 324660545, 978-0324660548
