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Question
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
Answer
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