Charlie's Hotdog Stand Charlie's Hotdog Stand Sells Hotdogs for $2

question 84

Multiple Choice

Charlie's Hotdog Stand Charlie's Hotdog Stand sells hotdogs for $2.50 each. The variable costs per hotdog are $.50. Charlie's fixed costs are currently $800 per month. Charlie is considering expanding his business to three hotdog stands which will increase fixed costs per month by $1,200.
Refer to the Charlie's Hotdog Stand information above. If Charlie does expand his business to three stands, how many additional hotdogs will need to be sold per month in order to break even?

• A) 1,000 hotdogs
• B) 600 hotdogs
• C) 200 hotdogs
• D) 480 hotdogs

---

Definitions:

Formal Versus Informal

A comparison between actions, communications, or structures that are official and structured (formal) against those that are casual, unstructured, or not officially sanctioned (informal).

Concept of Teams

The idea that individuals working collaboratively towards a common goal achieve better results than working in isolation.

Norms and Conformity

Relate to the implicit rules governing expected behavior within a group and the extent to which individuals adjust their behavior to align with group standards.

Team Dynamics

The behavioral relationships and processes that influence the effectiveness and productivity of a team.