Leeks Company's Product Has a Contribution Margin Per Unit of $11.25

question 157

Multiple Choice

Leeks Company's product has a contribution margin per unit of $11.25 and a contribution margin ratio of 22.5%.What is the selling price of the product?

• A)$5.
• B)$20.
• C)$30.
• D)$40.
• E)$50.

---

Definitions:

Frequency Marketing

A marketing strategy designed to reward customer loyalty by providing benefits or rewards based on the frequency of purchase or engagement.

Behavioural Learning Theory

A theory that explains learning in terms of observable behaviors, emphasizing the effects of external stimuli on one's actions.

Black Box

A term used to describe systems or processes whose internal workings are not visible or known to the observer.

Learning Theorists

Experts in the field of education and psychology who study the principles and processes of learning in humans and animals.