A Firm's Current Products Have Sales of $100,000 and an Average

question 41

Multiple Choice

A firm's current products have sales of $100,000 and an average contribution margin ratio of 40%.If the firm add a new product with sales of $40,000 and variable costs of $20,000, the firm's new average contribution margin ration will be:

• A)37.8%.
• B)42.9%.
• C)45.0%.
• D)48.7%.

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Definitions:

Rehabilitation Movement

A social and legal initiative aimed at reforming offenders through therapy, education, and support in order to reduce recidivism and integrate them back into society.

Stereotyped

Having oversimplified, fixed ideas or images of particular groups of people or things, often not based on personal experience and leading to prejudiced attitudes or actions.

Popular Media

Forms of mass communication that reach a wide audience, including television, radio, newspapers, and the internet.

Body Project

Pertains to the efforts individuals make to modify their physical appearance through diet, exercise, fashion, or even surgery.