Acquiescence Is a Response Set in Which a Person Is

question 7

True/False

Acquiescence is a response set in which a person is biased toward agreeing with the questions asked.

---

Definitions:

Mark-up

The amount added to the cost price of goods to cover overhead and profit.

Eliminate

The process of removing or getting rid of something.

Contribution Margin

The amount remaining from sales revenue after all variable costs have been deducted, indicating how much revenue is contributing to covering fixed costs and generating profit.

Machine Set-ups

The arrangements and adjustments made to machinery to prepare it for a production run.