In the last year, Bakers Score's Donuts and Sweets has sold, on average, 1,000 "Fudgie"...

70.2K

Verified Solution

Question

Finance

image

In the last year, Bakers Score's Donuts and Sweets has sold, on average, 1,000 "Fudgie" brownies per week. This week they introduced fat-free brownies and sold 200 at a price of $3.84 each. They noticed the cannibalization rate of fat-free brownies on Fudge brownies was 48%. Bakers Score's sells their "Fudgie" brownies for $3.28, with a variable cost of $1.38. The new Fat-Free Brownies have a variable cost of $1.66. they have to sel Fat-Free they have to sell to break even before cannibalization is taken into consideration? Assuming fixed costs for Fat-Free brownies are $350, how many of this new product will o brownies Submit Answer Exit PS3 1 2 3 5 67

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students