Total Contribution Margin Is Defined as Total Sales Revenue Plus

question 2

True/False

Total contribution margin is defined as total sales revenue plus total variable expenses.

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Definitions:

Shorter

Relative term indicating a lesser length, duration, or extent compared to something else.

System 1 Thinking

A term from psychology that describes the brain's fast, automatic, intuitive approach, contrasted with the slower, more analytical System 2 thinking.

Simple Sentence

A simple sentence is a sentence structure that contains only one independent clause and no dependent clauses, with a straightforward statement.

Example

An instance or a situation used to illustrate a principle, show how something works, or justify a course of action.