As a Result of Changes in the Southern Backcountry in the Late

question 3

Multiple Choice

As a result of changes in the Southern backcountry in the late nineteenth century, __________.

• A) farmers in that area became more dependent on merchants.
• B) yeomen farmers and African Americans began to ally against large landowners.
• C) poor farmers were allowed to let their animals feed on the open range.
• D) yeomen forged a political alliance with large landowners.

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Definitions:

Variable Expenses

Costs that change in proportion to the activity or volume of production in a business.

Variable Expense Ratio

The proportion of variable expenses to total sales, indicating how variable costs change with changes in sales volume.

Unit Contribution Margin

The difference between the selling price per unit and the variable cost per unit. This margin helps determine how each unit sold contributes to fixed costs and profits.

Per Unit

Denotes the cost or value associated with each individual unit of a product or service.