What Must Be True If the Contribution Margin Is Less

question 153

Multiple Choice

What must be true if the contribution margin is less than zero?

• A)The selling price per unit is less than the variable cost per unit
• B)Total fixed costs will be greater than total variable costs.
• C)Not enough units were sold.
• D)Fixed costs plus variable costs are less than total revenue.

Identify different international and political theories, their focus, and implications.

Understand the advantages of economic freedom over centralization.

Grasp the interplay between globalization, culture, and economic heterogeneity.

Analyze the role of individual liberty and free markets within neoliberalism.

---

Definitions:

Political Stability

The degree to which a government is free from turmoil or sudden change, contributing to a predictable economic environment.

Property Rights

Legal rights over the use, control, and benefits of ownership of property, including intangible and tangible assets.

Living Standards

The level of wealth, comfort, materials, and necessities available to a certain socioeconomic class in a certain geographic area.

Political Stability

The condition of a nation or government that is not likely to experience significant changes, upheaval, or violence.