5. Your new yo-yo has fixed costs of $2 per unit and marginal costs of $3 per...
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5. Your new yo-yo has fixed costs of $2 per unit and marginal costs of $3 per unit, and you plan to sell the yo-yos for $9.50 each. What is the product’s contribution margin?
a. $3.00
b. $4.50
c. $6.50
d. $9.50
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Related Book For
Managerial Economics A Problem Solving Approach
ISBN: 9780324359817
1st Edition
Authors: Luke M. Froeb, Brian T. McCann
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