Managers Should Discontinue a Business If Which of the Following

question 44

Multiple Choice

Managers should discontinue a business if which of the following is less than the sum of relevant fixed costs and opportunity costs?

• A) Profit
• B) Variable cost
• C) Total cost
• D) Contribution margin

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Definitions:

Unfairly Labeled

The act of assigning a negative and often inaccurate description or category to someone, leading to potential bias or discrimination.

Right to Privacy

The legal or moral right of individuals to have their personal information, decisions, and life kept free from public scrutiny or interference.

SATs

College admissions in the United States often require standardized tests that evaluate reading, writing, and mathematics abilities.

Educational Opportunities

Options and prospects available for learning and obtaining knowledge, skills, and qualifications, through formal education and training programs.