Profit Is the Unit Contribution Margin Multiplied by the Number

question 48

True/False

Profit is the unit contribution margin multiplied by the number of units minus the fixed component of the total costs (TC).Profit is TR minus TC,however at the unit contribution margin V (variable cost)has already been removed;therefore the above statement is true.

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Definitions:

Internal Threads

Threads located on the inside surface of a hole or cylinder, designed to mate with external threads of a bolt or screw.

Tap

A hand- or machine-actuated tool used to cut internal threads.

Click Type

A type of mechanism, often found in torque wrenches, that produces a clicking sound to signal the user when a pre-set torque value is reached.