Springer Products Manufactures Three Different Product Lines, Model X, Model

question 132

Multiple Choice

Springer Products manufactures three different product lines, Model X, Model Y, and Model Z. Considerable market demand exists for all models. The following per unit data apply:

Which model has the greatest contribution margin per unit?

• A) Model X
• B) Model Y
• C) Model Z
• D) Both Model X and Model Y have the highest and same contribution margin per unit

---

Definitions:

Hourly Minimum Wage

The lowest legal wage that can be paid to workers for an hour of employment.

Economic Rent

A payment to a factor of production in excess of the cost needed to bring that factor into production.

Harder Work

Increased effort by individuals or groups to achieve better results or higher productivity in their jobs or tasks.

Conventional Occupations

Jobs or careers that follow traditional expectations or practices, often involving long-standing roles within a society or economy.