Use the Following Information to Answer the Next Two Questions

question 34

Multiple Choice

Use the following information to answer the next two questions:
A firm's fixed costs are $5000.The firm charges $12 for each unit.For every additional unit the firm produces,it costs the firm $8.
-What's the firm's contribution margin?

• A)$12
• B)$10
• C)$8
• D)$4

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