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neddhelp4exam neddhelp4exam
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6 years ago
Contribution margin best described as:
 A) the profit margin on a unit of sale.
  B) operating expenses that are incurred no matter how many units are produced or sold.
  C) the number of units that must be sold for total revenue to equal total costs.
  D) the cost of producing or purchasing one unit.
  E) the sum of fixed and variable costs for a particular quantity of production.


Question 2 - Approximately _____ of all private sector employees work for small businesses.
 A) 10
  B) 30
  C) 50
  D) 70
  E) 99.7


Question 3 - Monica has a small cafe that specializes in gourmet hot dogs. Which of the following would be considered part of her variable costs?
 A) Hot dog buns
  B) Insurance
  C) Rent
  D) Utilities
  E) Salaries
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brittcamp12brittcamp12
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6 years ago
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neddhelp4exam Author
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6 years ago
Good timing, thanks!
hannahspillett
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Yesterday
Smart ... Thanks!
lipop
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2 hours ago
Just got PERFECT on my quiz
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