Determine adding fresh brook trout to its menu

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Assignment:

A restaurant is considering adding fresh brook trout to its menu. Customers would have the choice of catching their own trout from a simulated mountain stream or simply asking the waiter to net the trout for them. Operating the stream would require $12,375 in fixed costs per year. Variable costs are estimated to be ?$6.70 per trout. The firm wants to break even if 900 trout dinners are sold per year. What should be the price of the new? item?

Reference no: EM133277840

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