Answer the Following Questions Using the Information Below

question 188

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.
-What is the contribution margin per ticket package?

• A) $50
• B) $100
• C) $150
• D) $200

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Definitions:

Equality

The state of being equal, especially in status, rights, and opportunities; involves the promotion of uniform treatment and absence of discrimination.

Personal Identity

The part of a person’s identity determined by their individual attributes and characteristics.

Social Identity

An individual’s sense of who they are, based on their group membership(s), such as nationality, ethnicity, or religion.

Hybrid Identity

A concept that refers to an individual's integration of their native cultural identity with the elements of another culture, often resulting from migration, globalization, or diaspora.