For a Given Level of Sales, a Low Contribution Margin

question 131

True/False

For a given level of sales, a low contribution margin ratio will produce less net income than a high contribution margin ratio.

---

Definitions:

Birth of Christ

is a religious and historical event commemorated by Christians as the nativity of Jesus, traditionally celebrated on December 25th as Christmas.

Malthusian Trap

A situation where population growth outpaces agricultural production, leading to famine, disease, and war.

Poor

Refers to the state of having insufficient financial resources or wealth.

Food

Nutritive material consumed by living organisms to sustain life and growth.