Night flights is preparing a contribution margin report segmented by route. the following information is available: miami/la atlanta/ new york new york/ chicago average ticket price per passenger $1,250 $900 $750 total passengers served 5,400 8,800 12,200 total miles flown 190,000 176,000 97,600 the variable costs per unit are as follows: fuel $25 per mile wages $45 per mile food/beverage service $7 per passenger selling $70 per passenger what is the contribution margin ratio for the new york/chicago route (to the closest tenth of a percent)?

scenario: hawaii and south carolina are trading partners. hawaii has an absolute advantage in the production of both coffee and tea. the opportunity cost of producing 1 pound of tea in hawaii is 2 pounds of coffee, and the opportunity cost of producing 1 pound of tea in south carolina is 1/3 pound of coffee. which of the following statements is true? a. south carolina should specialize in the production of both tea and coffee. b. hawaii should specialize in the production of tea, whereas south carolina should specialize in the production of coffee. c. hawaii should specialize in the production of coffee, whereas south carolina should specialize in the production of tea. d. hawaii should specialize in the production of both tea and coffee.