The Term "Green Revolution" Refers to the Increased Use of __________

question 26

Multiple Choice

The term "Green Revolution" refers to the increased use of __________ to increase food production in Third World countries.

• A) traditional, organic farming methods that avoid the use of pesticides
• B) intensive human labor for planting, weeding, and harvesting
• C) renewable tree- and root-crop products of the tropical rainforests
• D) mechanized agriculture, genetic engineering, and artificial hybrid crops

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Definitions:

Unit Contribution Margin

The difference between the selling price per unit and the variable cost per unit, indicating the amount each unit contributes to covering fixed costs and generating profit.

Degree of Operating Leverage

A financial ratio that measures the percentage change in operating income in response to a percentage change in sales.

Forecasted Contribution Margin

An estimated metric that indicates the difference between sales revenue and variable costs of goods sold, used to predict the profitability of sales.

Contribution Margin

The difference between sales revenue and variable costs, used to cover fixed costs and to generate profit.