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Your Memory Lane Creates Custom Art Prints That Use Graphs

Question 6

Multiple Choice

Your Memory Lane creates custom art prints that use graphs and icons in a street scene to commemorate special occasions.Suppose Your Memory Lane has priced its product at $350 per print.Further,it has determined that the company's fixed cost is $12,500,with an average variable costs per print of $250.What is his fixed cost contribution per print?


A) $225
B) $100
C) $605
D) $2.25
E) $1.25

Correct Answer:

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