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Mathematics, 11.11.2020 17:50 izzy201995
Kai sells a small magazine full of celebrity gossip to college students for $2.65 per copy. Hiring the printing press for one day, the only fixed cost, is $435 an issue. The variable cost of printing each issue is $0.82 per copy. The printer tells Kai the cost of hiring the press is to increase by $116 per day. If changing to color increases variable costs by $0.40, what is the percentage decrease in contribution margin resulting from the switch to color?
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Kai sells a small magazine full of celebrity gossip to college students for $2.65 per copy. Hiring t...
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