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Marginal Cost Analysis at Uber Values: Fixed Costs: $7,000,000 Variable Costs per Ride: $1.5 Number of Rides: 900,000 Average Revenue per Ride: $7 Requirements: Calculate
Marginal Cost Analysis at Uber
- Values:
- Fixed Costs: $7,000,000
- Variable Costs per Ride: $1.5
- Number of Rides: 900,000
- Average Revenue per Ride: $7
- Requirements:
- Calculate the marginal cost per ride.
- Determine the contribution margin per ride.
- Discuss the implications of marginal cost analysis for pricing.
- Suggest strategies to enhance profitability at Uber.
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Advanced Accounting
Authors: Floyd A. Beams, Joseph H. Anthony, Bruce Bettinghaus, Kenneth Smith
13th edition
134472144, 978-0134472140
