In Eleventh Century India It Is Particularly Remarkable That

question 4

Multiple Choice

In eleventh century India it is particularly remarkable that

• A) the Brahman caste had fallen from its place as the political elite.
• B) the warrior caste was successful in expanding its power through the prosecution of a series of wars that created a large, stable empire.
• C) the merchant caste presented themselves as warriors.
• D) the peasant caste gained new political and social rights.

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Definitions:

Unit Contribution Margin

The difference between the selling price per unit and the variable cost per unit.

Break-even Point

The level of production or sales volume at which total revenues equal total costs, resulting in no net profit or loss.

Variable Expense

Costs that vary in relation to a company's operations.

Contribution Margin Ratio

A financial performance metric that measures the additional profit generated for each dollar of sales after variable costs are subtracted.