Multiple Choice
Colonel's Burgers sells 2500 of its flagship burger,Colonel's Treat,each month at a price of $10 each.The customers are willing to buy 2500 Colonel's Treat burgers each month at the same price.Hence,the price of $10 per burger is the ________.
A) sunk cost
B) break-even price
C) equilibrium price
D) opportunity cost
E) incremental cost
Correct Answer:
Verified
Correct Answer:
Verified
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