Carson and Fran Are Both Thrill Seekers

question 70

Multiple Choice

Carson and Fran are both thrill seekers.Carson has health insurance and Fran does not.One can predict that

• A)Fran will engage in fewer dangerous activities.
• B)Carson will engage in fewer dangerous activities.
• C)Carson and Fran will have the same frequency of participation in dangerous activities.
• D)Carson's health insurance has no bearing on Carson's behavior.

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Definitions:

Contribution Margin Ratio

The percentage of each sales dollar that is available to cover the fixed costs and provide an operating income.

Variable Costs

Costs that change in proportion to the level of activity or volume of goods produced in a business.

Unit Contribution Margin

The dollars available from each unit of sales to cover fixed costs and provide operating profits.