Which of the Following Regions Has the Lowest Rate of Software

question 5

Multiple Choice

Which of the following regions has the lowest rate of software piracy?

• A) North America
• B) Western Europe
• C) Asia/Pacific
• D) Latin America

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Definitions:

Contribution Margin Ratio

A financial metric that shows what percentage of sales revenue is available to cover fixed costs and generate profit.

Variable Costs

Costs that change in proportion to the level of activity or volume of production, such as raw materials and labor expenses.

Fixed Costs

Expenses that do not change with the level of production or sales, such as rent, salaries, and insurance, offering predictability in budgeting.

Operating Leverage

A measure of the relative mix of a business’s variable costs and fixed costs, computed as contribution margin divided by operating income.