you have spent $1,000 building a hot-dog stand based on estimates of sales of $2,000. the hot-dog stand is nearly completed, but now you estimate total sales to be only $800. you can complete the hot-dog stand for another $300. should you complete the hot-dog stand? (assume that the hot dogs cost you nothing.)

Answer :

I have spent $1,000 building a hot-dog stand based on estimates of sales of $2,000. the hot-dog stand is nearly completed, but now you estimate total sales to be only $800. you can complete the hot-dog stand for another $300. should you complete the hot-dog stand? yes

What does the term "hotdog" mean?

A company that sells hot dogs, typically from an outside counter, is called a hot dog stand. A hot dog stand might be found on a busy street, close to a stadium, within a mall, or at a fair. Major American cities' streets frequently contain them.

Is a hot dog stand successful?

Like a retail establishment, location is crucial for hot dog carts because their revenue is primarily dependent on foot traffic. Having said that, a hot dog stand can be highly successful. A recent ABC News piece claimed that a year-round hot dog vendor might make six figures of income.

How much money do NYC hot dog stands make?

Owners of hot dog stands make an annual profit of roughly $100,000 (R1. 34 million) thanks to heavy foot traffic, extended hours, and the low cost of producing a hot dog. New York City hot dog stand.

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