[SOLVED] Digby's product manager is considering lowering the price of the Dome product by $2.50
Digby's product manager is considering lowering the price of the Dome product by $2.50 and wants to know what the impact will be on the product’s contribution margin. Assuming no inventory carry costs, what will Dome's contribution margin be if the price is lowered?
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- 34.00%
- 31.57%
- 29.99%
- 32.30%