The Contribution Margin Is So Called Because It Contributes To

question 37

Multiple Choice

The contribution margin is so called because it contributes to:

• A) variable costs.
• B) fixed costs and profit.
• C) fixed and variable costs.
• D) fixed costs.

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Definitions:

Fundamental Attribution Error

The tendency to overemphasize personality-based explanations for behaviors observed in others while underestimating the influence of situational factors.

Actor-observer Difference

The tendency to attribute one's own actions to situational factors while attributing others' actions to their personal characteristics.

Self-fulfilling Prophecy

A belief or expectation that influences actions in a way that causes the belief to become true.

Stereotype Threat

The risk of confirming negative stereotypes about one's social group, which can hinder performance in activities related to those stereotypes.