The Slope of the Flexible Budget-Line Is the

question 67

Multiple Choice

The slope of the flexible budget-line is the

• A)selling price per unit.
• B)variable cost per unit.
• C)fixed cost per unit.
• D)contribution margin per unit.
• E)operating profit per unit.

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Definitions:

Legal Positivism

A school of thought in jurisprudence that holds that laws are rules made by human beings and that there is no inherent or necessary connection between law and morality.

Historical School

A philosophy of law that emphasizes the evolutionary nature of law, focusing on the origins, cultural contexts, and historical development of legal systems.

Local Ordinance

A statute or regulation enacted by a municipal or county authority to govern matters not covered by federal or state law.

Cost-Benefit School

An economic approach that evaluates the outcomes of policies or projects by comparing their costs to their benefits, emphasizing efficiency.