The Contribution Margin Ratio Is Simply the Unit Contribution Margin

question 43

True/False

The contribution margin ratio is simply the unit contribution margin divided by variable costs.

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Definitions:

Narcissism

A personality trait characterized by an inflated sense of self-importance, a deep need for admiration, and a lack of empathy for others.

Legitimizing Myths

Beliefs or narratives that are constructed to maintain and justify power dynamics or social inequalities within a society.

Optimal Distinctiveness

A theory that suggests people are motivated to achieve an ideal balance between inclusion within groups and differentiation from others.

Deindividuated

A psychological state in which an individual loses self-awareness and the sense of individuality, often leading to uncharacteristic behavior, usually within a group context.