The Most Likely Explanation for Sims's Lower Contribution Margin Is

question 33

Multiple Choice

The most likely explanation for Sims's lower contribution margin is his:

• A)Inability to earn commissions
• B)Emphasis on keeping expenses low
• C)High salary
• D)Low sales of Model 510
• E)Inefficient use of his resources

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Definitions:

High-Income Americans

Individuals or households that earn significantly above the national median income level in the United States.

Tax Shelters

Investment vehicles or strategies used to reduce taxable income or tax liability, legally or otherwise, often through deductions, exemptions, or deferrals.

Earnings Gap

The disparity in income between different groups of people, often based on gender, race, or educational attainment.

College Graduates

Individuals who have completed a degree program at a college or university.