How Is Total Contribution Margin Calculated

question 98

Multiple Choice

How is total contribution margin calculated?

• A)by subtracting cost of goods sold from total revenues
• B)by subtracting fixed costs from total revenues
• C)by subtracting total manufacturing costs from total revenues
• D)by subtracting total variable costs from total revenues

---

Definitions:

Society's Means

Methods and resources available to a society for achieving its goals and solving its problems.

Households Receive

Income earned by individuals or groups through wages, investments, and other sources, often used to describe the inflow of funds to a family unit.

Economic Disruption Events

Occurrences that significantly interrupt the normal course of economic activity, potentially leading to widespread financial impacts.

Price System

A mechanism through which prices are determined for goods and services in an economy, guiding and coordinating economic actions by conveying information about relative market values and scarce resources.