Multiple Products Make Using Financial Models More Complex

question 76

Multiple Choice

Multiple products make using financial models more complex.To deal with this,managers can do which of the following?

• A)assume that all products have the a different contribution margin.
• B)assume a weighted average contribution margin.
• C)use contribution margin as a measure of volume.
• D)All of the answers are correct.

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Definitions:

Quality of Mind

Mills’s term for the ability to view personal circumstance within a social context.

Semi-periphery

Nations that are midway between the core and periphery countries, often exploiting periphery countries but being exploited by core countries.

Peripheral Countries

Nations that are not dominant in the global economy, often characterized by less economic development and dependency on core countries for capital.

Core Countries

Nations, typically developed, that dominate global economic systems, often exploiting less economically developed countries.