This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Contribution margin is a. the contribution of each unit sold towards covering the fixed costs b. ... (Read 110 times)

Chelseaamend

  • Hero Member
  • *****
  • Posts: 545
on: Jul 1, 2018
Contribution margin is
 a. the contribution of each unit sold towards covering the fixed costs
 b. the contribution of each unit sold towards covering the variable costs
 c. the contribution of each unit sold towards covering the average variable costs
  d. All of the above

Question 2

Given that the firm only chooses to sell the high-end professional series, how should it price its product?
 a. Price low, sell to both users
 b. Price high, sell only to the professional chefs
 c. Price low, sell only to the professional chefs
 d. Price high, sell only to the home users


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Dnite

  • Sr. Member
  • ****
  • Posts: 297
Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

b


Chelseaamend

  • Member
  • Posts: 545
Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

ryansturges

  • Member
  • Posts: 338
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Cats sold for meat alongside ducks Cats sold for meat alongside ducks
Percentages of adolescents indicating Benefits and Costs of employment. Percentages of adolescents indicating Benefits and Costs of employment.
Schematic of the Agitation Laboratory Apparatus CHE 415 Unit Operations II Schematic of the Agitation Laboratory Apparatus CHE 415 Unit Operations II
Heart covering and layer of the heart. Heart covering and layer of the heart.
Phosphopantetheine as the reactive unit in ACP and CoA Phosphopantetheine as the reactive unit in ACP and CoA
Rapidly decreasing sequence costs have enabled the rapid expansion Rapidly decreasing sequence costs have enabled the rapid expansion
Video: Summary of glucose catabolism

For a complete list of videos, visit our video library