Author Question: Contribution margin best described as: A) the profit margin on a unit of sale. B) operating ... (Read 138 times)

Bernana · **on:** Jul 14, 2018

Contribution margin best described as:
A) the profit margin on a unit of sale.
B) operating expenses that are incurred no matter how many units are produced or sold.
C) the number of units that must be sold for total revenue to equal total costs.
D) the cost of producing or purchasing one unit.
E) the sum of fixed and variable costs for a particular quantity of production.

Question 2

Approximately _____ of all private sector employees work for small businesses.
A) 10
B) 30
C) 50
D) 70
E) 99.7