The Difference Between the Unit Sales Price and the Variable

question 157

Multiple Choice

The difference between the unit sales price and the variable cost per unit is called:

• A) Operating leverage.
• B) The contribution margin.
• C) The gross profit.
• D) The net profit.
• E) The marginal revenue.

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Definitions:

Test Bias

The presence of unfair, systemic advantages or disadvantages in a test that affect the performance of certain groups of people.

School Performance

An evaluation of a student's academic achievement in educational settings, often measured by grades and test scores.

Test Bias

The presence of certain elements within a test that systematically disadvantage a particular group of test-takers.

IQ Score

A measure of a person's intelligence as indicated by an intelligence test, relative to the age of the individual.