Additional Sales Will Be Profitable If

question 158

Multiple Choice

Additional sales will be profitable if:

• A) total variable cost is less than sales price
• B) the marginal cost is less than marginal revenue
• C) sales price exceeds the variable product cost
• D) the fixed cost equals the contribution margin

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Definitions:

Misinformation Effect

The misinformation effect happens when a person's recall of episodic memories becomes less accurate because of post-event information.

Hypnotically Refreshed

The process of enhancing memory recall through hypnosis, though its reliability is controversial.

Repression

A defense mechanism in psychoanalytic theory where unpleasant thoughts, memories, or feelings are unconsciously pushed out of conscious awareness.

Repressed Memories

Unconsciously buried memories of traumatic events that can affect behavior and mental health.