The correct answer is letter B
Contribution margin is how much of the revenue obtained from the sale of products and services to pay fixed costs (and make a profit), after paying variable costs and expenses (taxes, raw materials, suppliers, staff salaries and others) expenses resulting from those sales).
Through the contribution margin, it is possible to define the contribution margin index (BMI), which is the relationship between the contribution margin and gross operating revenue.
During the First crusades, Christian knights captured Jerusalem in 1099
Government corporations are intended to carry out business activities for the betterment of the citizens of the nations. These cooperations are set up by the congress of men and unlike all other public businesses they have board of directors and a general manager.
The Federal Reserve Act of 2000 says that the Fed "shall maintain <u>long run </u>growth of the monetary and credit aggregates commensurate with the economy's <u>long run</u> potential to increase production.
<u>Explanation:</u>
The Act was created in 1913 and signed by the then ruling president as a way of establishing economic stability. This act introduced the central bank to oversee the state monetary policies. The law was established to set out the structure, purpose and function of the Reserve System.
Due to recession and other financial crisis prior to 1913, investors lacked trust in bank systems, therefore the act was passed to bridge the gap between citizens and the banking system. Over the years it has been amended by Congress to keep up with the changing financial times.
