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Required: Wings Diner has a box lunch that it sells on football game days at the local university. Each box lunch sells for $9, which
Required: Wings Diner has a box lunch that it sells on football game days at the local university. Each box lunch sells for $9, which includes $4.00 variable costs and $4.00 fixed costs, plus a $1 markup. In the short run, what is the minimum price Wings Diner should charge (1.e., what is the price below which the diner would not normally sell a meal)? (Round your answer to 2 decimal places.) Wings will make a profit by selling at any price above cost of per meal
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