Question: 1 pts The variable costs for your widgets has gone from $3 each to $4 each due to a shortage of components from your

1 pts The variable costs for your widgets has gone from $3

1 pts The variable costs for your widgets has gone from $3 each to $4 each due to a shortage of components from your most trusted vendors. You don't want to change, as you have tried other suppliers and the quality just isn't as good. If you plan to sell 500 widgets this month at $10 each, how much will this change in variable cost affect your contribution margin? $500 lower $500 higher $1000 lower

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