Examlex
Which of the following accurately characterizes transnational families?
Constrained Resource
A factor of production that is in limited supply, potentially restricting the output of goods and services.
Profitable Product
An item that brings in more income than the expenses related to its production and sale.
Contribution Margin
The amount remaining from sales revenue after variable costs have been subtracted, which contributes to covering fixed costs and generating profit.
Selling Price
is the amount a customer pays to purchase a product or service.
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