What should be the price of the new? item

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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 ?$8,100 in fixed costs per year. Variable costs are estimated to be $6.80 per trout. The firm wants to break even if 600 trout dinners are sold per year. What should be the price of the new? item? Show Work

?$_________

?(Rounded to the nearest penny?.)

Reference no: EM131224767

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