​Use the Following Setup for Question

question 47

Multiple Choice

​Use the following setup for question
A cloth manufacturing firm is deciding whether or not to invest in new machinery.The machinery costs $45,000 and is expected to increase cash flows in the first year by $25,000 and in the second year by $30,000.The firm's current fixed costs are $9,000 and current marginal cost are $15.The firm currently charges $18 per unit.
-​What's the firm's current contribution margin?

• A)​$15
• B)$18
• C)$3
• D)​$4

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Definitions:

Discrimination

Unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, or sex.

Stereotyping

The oversimplified and generalized belief about a group of people that ignores individual differences and complexities.

Maintenance Stage

A phase in various models, such as group development or change processes, where established processes and structures are sustained and kept functional.

James Dyson

British inventor and entrepreneur best known for founding Dyson Ltd, a company that designs and manufactures household appliances such as vacuum cleaners, air purifiers, and hair dryers.