Question
A jacket potato vendor charges $5.93 per potato sold. The variable cost of each potato served is $1.26. The stall has a fixed cost of
A jacket potato vendor charges $5.93 per potato sold. The variable cost of each potato served is $1.26. The stall has a fixed cost of $600 per week.
How many potatoes must the stall sell in order to achieve a profit objective of $750 per week?
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The Concepts And Practice Of Mathematical Finance
Authors: Mark S. Joshi
2nd Edition
0521514088, 9780521514088
