A Product's Contribution Margin Per Unit Is the Excess Value

question 138

True/False

A product's contribution margin per unit is the excess value of the selling price per unit over the fixed cost of obtaining and selling each unit.

---

Definitions:

William Lloyd Garrison

An American journalistic and social reformer of the 19th century known chiefly for his aggressive advocacy of the immediate emancipation of slaves.

American Renaissance

A period in the mid-19th century characterized by a flourishing of American literature and art, emphasizing themes of national identity and culture.

Transcendentalist Movement

An intellectual movement in the mid-19th century that emphasized individualism, nature, and self-reliance, primarily in the United States.

Ralph Waldo Emerson

An American essayist, lecturer, philosopher, and poet who led the transcendentalist movement of the mid-19th century, advocating for individualism and the inherent goodness of people and nature.