Systems, Such as Astrology and Graphology, Enjoy Wide Popularity Because

question 105

Multiple Choice

Systems, such as astrology and graphology, enjoy wide popularity because of their

• A) uncritical acceptance.
• B) scientific basis.
• C) accuracy in predicting people's future behavior.
• D) cost.

---

Definitions:

Zero Profit

A situation where a business's revenues exactly match its expenses, resulting in no net profit.

Unit Contribution Margin

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

Fixed Costs

Costs that do not vary with the volume of production or sales, such as rent, salaries, and insurance.

Contribution Margin Ratio

A financial metric that shows the portion of sales revenue that is not consumed by variable costs and therefore contributes to covering fixed costs.