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From a Quantitative Standpoint a Segment Should Be Eliminated If

question 171

True/False

From a quantitative standpoint a segment should be eliminated if its contribution margin is less than the fixed costs that can be eliminated.

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Definitions:

Native Americans

The indigenous peoples of the United States, including the mainland and Alaska Natives, with diverse cultures, languages, and histories.

Social Darwinism

Application of Charles Darwin’s theory of natural selection to society; used the concept of the “survival of the fittest” to justify class distinctions and to explain poverty.

Industrial Corporation

A large company involved in the manufacturing or production of goods on a large scale, often employing many people and having significant economic influence.

Inequality

The unequal distribution of resources, wealth, opportunities, and rights among individuals or groups in a society.

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