Seth Needs to Write an Essay and Is Using Google

question 8

Multiple Choice

Seth needs to write an essay and is using Google to help narrow down the general topic of "ornithology" to something more specific. With each refined search, the number of hits drops. Seth will know that he has identified a good topic for his essay when his search produces

• A) six vague and highly relevant hits.
• B) twelve focused and highly relevant hits.
• C) eighteen general and vague hits.
• D) twenty-five scholarly hits.

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Definitions:

Contribution Margin Ratio

The ratio of contribution margin (sales minus variable costs) to sales revenue, indicating the percentage of each sales dollar available to cover fixed costs and profit.

Fixed Expenses

Expenses that remain the same regardless of the level of production or sales activities.

Sales

The total revenue generated from the sale of goods or services by a company during a specific period.

Operating Assets

Assets used by a business in its day-to-day operations to generate income, including equipment, property, and inventory.