Answer the Following Questions Using the Information Below

question 110

Multiple Choice

Answer the following questions using the information below:
Ruben intends to sell his customers a special round-trip airline ticket package. He is able to purchase the package from the airline carrier for $150 each. The round-trip tickets will be sold for $200 each and the airline intends to reimburse Ruben for any unsold ticket packages. Fixed costs include $5,000 in advertising costs.
-For every $25,000 of ticket packages sold, operating income will increase by:

• A)$6,250
• B)$12,500
• C)$18,750
• D)an indeterminable amount

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Definitions:

Generation X

The generation of people born approximately between the early 1960s and late 1970s, known for its bridging role between the Baby Boomers and Millennials.

Generation Y

Also known as Millennials, this demographic cohort follows Generation X and is generally considered to include individuals born from the early 1980s to the mid-1990s to early 2000s.

Social Media

Platforms and technologies that enable individuals to create, share, exchange information and ideas in virtual communities and networks.

Generation Y

Also known as Millennials, this includes individuals born approximately between 1981 and 1996, known for their familiarity with digital technology, media, and communications.