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Consider you decide to open a pizza restaurant in Las Cruces. Your friend Jocelyn, owner...

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Finance

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Consider you decide to open a pizza restaurant in Las Cruces. Your friend Jocelyn, owner of a pizza franchise in town, tells you that producing each pizza costs her on average $6.75, which allows her to sell each pizza for $11.50. In order to be competitive in the market, you consider selling your pizzas 12% cheaper than Jocelyn, until you acquire a larger customer base. Once you are ready to open your business, you calculated several expenses like rent of the store, employee salaries, administrative expenses, and loan interests, all adding up to $8,500 per month. You want to find out at which stage your business will start being profitable, so you complete the following analysis (let units be expressed as "X"): Considering the opening of your pizza restaurant, what will the price per unit of your pizzas be? expenses, and loan interests, all adding up to $8,500 per month. You want to find out at which stage your business will start being profitable, so you complete the following analysis (let units be expressed as "X"): Considering the opening of your pizza restaurant, what will the price per unit of your pizzas be? $1.38 $7.80 $6.75 $10.12 $11.50

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