Express Bus Company Operates a Bus Route That Takes Passengers

question 58

Multiple Choice

Express Bus Company operates a bus route that takes passengers from Cleveland to Chicago every day.Assume the bus tickets sell for $50 per rider; the bus line's variable costs are $35 per rider; and its fixed costs are $75,000 each month.What is the contribution margin ratio?

• A)70%
• B)30%
• C)333%
• D)15%

---

Definitions:

Acute Asthma Attack

A sudden worsening of asthma symptoms, such as wheezing, coughing, and shortness of breath, requiring immediate medical attention.

High Priority

Describing tasks, issues, or situations that require immediate attention and action before others due to their importance or urgency.

Needs Teaching

Identifies areas where patients or their families require instruction to improve health outcomes or manage conditions effectively.

Low Priority

Tasks or issues that are deemed less important or urgent and can be addressed after higher priority items.