Which of the Following Statements Is Correct

question 65

Multiple Choice

Which of the following statements is correct?

• A)contribution margin contributes to profits.
• B)contribution margin contributes to fixed costs.
• C)contribution margin contributes to variable costs.
• D)Both A and B.

---

Definitions:

Academic Programs

Structured sequences of courses or studies offered by educational institutions leading to a degree or certificate.

Legal Segregation

The practice of separating people in daily life based on legally enforced racial, ethnic, or other differences, notably practiced in the United States as "Jim Crow" laws until the mid-20th century.

Housing Patterns

Housing patterns describe the distribution and characteristics of dwelling places within a particular area, often highlighting residential segregation, urban vs. suburban living, and variations in architectural styles and living conditions.

NAFTA

The North American Free Trade Agreement, a treaty entered into by the United States, Canada, and Mexico to eliminate tariffs and facilitate trade.