Question
Each month, the owner of a smoothie shop pays $5,000 in rent, $100 in utilities, $1000 interest on the business loan, an insurance premium of
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Each month, the owner of a smoothie shop pays $5,000 in rent, $100 in utilities, $1000 interest on the business loan, an insurance premium of $500, and $1000 on advertising on local bus routes. A smoothie is priced at $8.50. Unit variable costs for a smoothie are $5.50. What is the unit contribution? (contribution margin)?
A. $5
B. $50
C. $3
D. $75
E. $10
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Climate Finance Theory And Practice
Authors: Anil Markandya, Ibon Galarraga, Dirk Rübbelke
1st Edition
9814641804, 978-9814641807
