The Most Significant Addition to the Diet of the European

question 36

Multiple Choice

The most significant addition to the diet of the European poor of the 18^th century was

• A)citrus fruit.
• B)melons.
• C)the potato.
• D)maize.
• E)rice.

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Definitions:

Variable Expenses

Costs that fluctuate in direct proportion to changes in activity level or volume, such as raw materials and direct labor costs.

Contribution Margin Ratio

The contribution margin ratio is a financial metric indicating the proportion of sales revenue that exceeds variable costs, expressed as a percentage.

Monthly Fixed Expenses

Regular expenses that do not vary in amount and are paid on a monthly basis.

Contribution Margin Ratio

The proportion of sales revenue that exceeds variable costs, typically expressed as a percentage, indicating how much contributes to covering fixed costs and generating profits.