Answer:
the contribution margin per unit is $15 per unit
Explanation:
The computation of the contribution margin per unit is shown below:
Contribution margin per unit is
= Selling price per unit - variable cost per unit
= ($540,000 ÷ 9,000 units) - ($405,000 ÷ 9,000 units)
= $60 - $45
= $15 per unit
Hence, the contribution margin per unit is $15 per unit
Following a budget will help you keep you out of debt if you are currently in debt.
In this example, Wrigley used the Penetration pricing.
Penetration pricing is one of marketing strategy which aims to attract potential customers by offering lower price as its initial offering.
This pricing strategy helps a new product or service to penetrate the market and attract customers because of the low price offered.
In the question, the introductory price for chewing gum, mint mojito were set low and aims to attract new customers to the product.
In conclusion, Wrigley used the Penetration pricing to attract new customers.
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<em>brainly.com/question/3521758</em>
Answer:
A monopoly is a company that can control the market. For example the government could put a hight import tax on shoes so no one would ship shoes into the countryman this means that the only shoe brand in the country can adjust there prices of their shoes and people would still buy them because there is no other shoe brand. This shows that they have control over the market (Or sitting at at monopoly position)
