Without Question, Those Who Create Risks Should Bear the Burden

question 23

True/False

Without question, those who create risks should bear the burden of injuries they create rather than those who fall prey to such injury.

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Definitions:

Contribution Margin

The difference between sales revenue and variable costs, representing the portion of sales revenue that exceeds variable costs.

Variable Expenses

refer to costs that change in proportion to the level of production or sales volume.

Return On Investment

A measure of the profitability of an investment, calculated by dividing the net profit from the investment by its cost.

Operating Expenses

The costs associated with running the day-to-day operations of a business, excluding the cost of goods sold.