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Michael was asked to devise as many uses for a brick as he could.After taking the assignment home to work on further,he came up with over 30 ideas,many of which were not proposed by any other student.All of Michael's ideas dealt with using a brick to break things.In what aspect of creativity proposed by Torrence is Michael lacking?
Unit Contribution Margins
The difference between the selling price per unit and variable cost per unit, indicating the contribution of each unit sold to covering fixed costs.
Fixed Costs
Expenses that do not change with the level of production or sales activities within a certain range or period.
Weighted Average
A calculation that takes into account the varying weights of different items in a dataset, commonly used in inventory costing.
Unit Selling Price
The price that a customer pays for one unit of a product or service.
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