Question
Salam is thinking about opening a lunchtime restaurant on a busy street. Salam estimates that all the restaurants on this street together serve 21,282 lunches
Salam is thinking about opening a lunchtime restaurant on a busy street. Salam estimates that all the restaurants on this street together serve 21,282 lunches on a typical day. Opening the new lunchtime restaurant will require $6,462 in fixed costs. Salam believes that he can earn a margin of $4.46 on each lunch his new restaurant serves. Calculate breakeven MARKET SHARE for Salam's new restaurant. Report your answer as a percent. Report 25.5%, for example, as "25.5". Rounding: tenth of a percent.
SHOWING HOW YOU GOT THE ANSWER WILL HELP THE MOST! MARKETING METRICS IS THE SUBJECT OF THE QUESTION.
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