Contribution margin means WHAT REMAINS FROM TOTAL SALES AFTER DEDUCTING ALL VARIABLE EXPENSES. Contribution margin is defined as the selling price minus variable cost. It is the ability of a company to cover variable costs with revenue. The amount left over, which is called contribution cover fixed costs and profits.
Answer:
C.
Explanation:
The Gross national product (GNP) is a tool used to measure the nation's total economic activity. Therefore it can be said that these accounts should not only include imports and exports of final goods and services received from and sold to other countries instead the total values and imports and exports should be included in the calculation of the GNP
Answer:
The North American Free Trade Agreements
Explanation:
The reason is that the free trade agreements eliminates the price escalation which is imposed by the other countries on importing these goods. So as a result the market becomes less attractive to the company because its product are not able to compete in that environment. The FTA helps organizations to use the resources of other countries with which the country has free trade agreements to lower its costs to compete competitors. The vital resource in Mexico is cheap labor cost and America has one of the best technologies in the world.
