Sales Mix Reflects

question 99

Multiple Choice

Sales mix reflects:

• A) The weighted average contribution margin per unit
• B) The average price per product when there are a variety of products
• C) The number of products and each product's proportional weight within total sales
• D) Total number of units produced

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Definitions:

Network Effects

The phenomenon whereby increased numbers of people or participants improve the value of a good or service.

Economies Of Scale

The benefit that larger operations have, which allows them to produce goods or services at a lower unit cost as production scales up.

Demand Schedule

A table that shows the quantity of a good or service that consumers wish to buy at various prices.

Total Revenue

The sum of money a company earns from selling products or offering services over a specific time frame.