Which of the Following Is the Correct Formula for the Contribution

question 93

Multiple Choice

Which of the following is the correct formula for the contribution margin per unit?

• A)sales - total variable cost
• B)unit selling price ÷ unit variable cost
• C)(unit selling price - unit variable cost)÷ unit selling price
• D)unit selling price - unit variable cost

Identify and practice steps for effective speech preparation and delivery.

Critically evaluate the effectiveness of one's own and others' written work and presentations.

Understand the obligations and liability of parties involved in negotiable instruments.

Identify and differentiate between real and personal defenses applicable to negotiable instruments.

---

Definitions:

Behavioral Economics

A branch of economics concerned with understanding how the economic behaviors of individuals and institutions are impacted by factors like psychology, cognition, emotions, culture, and society.

Hindsight Bias

A psychological phenomenon where people believe they could have predicted an event after it has already occurred.

Availability Heuristic

A mental shortcut that relies on immediate examples that come to a person's mind when evaluating a specific topic, concept, method, or decision.

Confirmation Biases

The habit of seeking out, understanding, preferring, and remembering information in a manner that reinforces one's already held beliefs or theories.