The Decline of the Sea Otter Population in the Pacific

question 17

Multiple Choice

The decline of the sea otter population in the Pacific Northwest has been attributed to

• A) pollution from an oil spill.
• B) a genetic mutation causing a decrease of fertility in male otters.
• C) predation by killer whales.
• D) an increase in the water temperature.
• E) predation by Steller sea lions.

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Definitions:

Unit Selling Price

The price at which a single unit of a product is sold to customers, not including any additional fees or taxes.

Variable Costs

Expenditures that fluctuate in alignment with production levels or sales figures.

Contribution Margin

The amount remaining from sales revenue after variable costs have been deducted, indicating how much revenue is contributing to fixed costs and profit.

Margin Ratio

A financial metric that compares a company's gross profit margin to its revenue, indicating the percentage of sales revenue that remains after accounting for the cost of goods sold.