Mounce's Market Operates with a 20% Contribution Margin

question 79

Multiple Choice

Mounce's Market operates with a 20% contribution margin.If Mounce's sales decrease by $10,000, operating income will decrease by

• A)$200.
• B)$250.
• C)$2,000.
• D)$2,500.

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Definitions:

Cabinet Department

A major administrative unit in the executive branch of the federal government, headed by a secretary who is a member of the president's cabinet.

Civil Service System

A structure in government employment where workers are selected based on merit rather than political affiliation, promoting professionalism and efficiency.

Merit

The quality of being particularly good or worthy, especially so as to deserve praise or reward.

Political Beliefs

Political beliefs are individual or collective ideas regarding how a country should be governed, including opinions on public policies, governmental systems, and political ideologies.