Let’s Say You Want to Open a Shoe Store That

question 136

Multiple Choice

Let’s say you want to open a shoe store that will specialize in high-end shoes. But before you do, you want to determine how many pairs of shoes you have to sell in the first year to break even (have no profit or loss) . You also want to know what your profit will be in year two. You have been busy estimating some revenues and costs. Here is what you have so far:

-What is the contribution margin per unit?

• A)$160
• B)$ 150
• C)$70
• D)$80

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Definitions:

Racist Imagery

Visual or symbolic representations that perpetuate stereotypes or discrimination against individuals or groups based on race.

Animalistic

Pertaining to the nature of animals or the essential qualities and instincts shared with animals.

Innate

Refers to qualities, abilities, or characteristics that a person is born with, not acquired through learning or experience.

Institutional Discrimination

Patterns of unequal treatment based on group membership that are built into the social, economic, and political institutions of a society.