avi sells seashore paintings. His annual Fixed Costs are $1,000 and the Variable Costs are $8 per painting. At a price of $15 a painting, what is the unit contribution ($) per painting sold?

Unitary contribution margin= $7

Explanation:

Giving the following information:

Selling price per unit= $15

Unitary variable cost= $8

To calculate the unitary contribution margin, we need to use the following formula:

Unitary contribution margin= selling price - unitary variable cost

Unitary contribution margin= 15 - 8

Unitary contribution margin= $7

answer; (d) i believe that the correct answer is ; /// a new invention lowers the cost of production;

cognitive overload: having a lot on your mind impairs decision-making and tends to result in the simplest, but not necessarily best, option being selected.

empathy gaps: overlooking how you might feel in a different situation can result in unnecessary purchases, such as overbuying when shopping for food on an empty stomach.

optimism and overconfidence: wearing rose-tinted glasses and having unrealistic expectations about the future can affect money management and leave you unprepared for a change in circumstance.

instant gratification: seeking instant gratification drives impulsive spending and can undermine long-term planning and savings.

harmful habits: automatic or mindless behaviour can amplify a poor financial decision as it becomes a recurring event.

social norms: we are heavily influenced by the actions of others; while this can be in certain circumstances, it also contributes to the pressure to keep up with the joneses through conspicuous consumption.