What Is the Term for the Quantities Which Consumers Are

question 140

Multiple Choice

What is the term for the quantities which consumers are willing and able to buy per period of time at various prices?

• A)Desire.
• B)Supply.
• C)Demand.
• D)Market.
• E)Human wants.

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Definitions:

Contribution Margin

The difference between a company's sales revenue and its variable costs.

Traceable Fixed Expenses

Fixed costs that can be directly linked to a specific business segment or operation.

Net Operating Income

A company's income after all operating expenses are deducted but before interest and taxes are accounted for.

Break-Even

The juncture where overall expenses match the total income, leading to neither a profit nor a loss.