Use the Information Below to Answer the Following Question(s)

question 265

Multiple Choice

Use the information below to answer the following question(s) .
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 per rider at Express Bus Company?

• A) $15.00
• B) $0.30
• C) $35.00
• D) $3.33

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An educational scoring system that calculates the average of all grades obtained by a student, indicating their academic performance.

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