relationship between fixed costs, variable or contribution margin, volume, and profit
Not what you're looking for?
What is the formula usually used to describe the relationship between fixed costs, variable or contribution margin, volume, and profit...any of about 3 choices can be used.
Purchase this Solution
Solution Summary
The relationship between fixed costs, variable or contribution margin, volume, and profit is depicted.
Solution Preview
Volume = (Total Fixed cost + Total Profits)/(Selling price per unit - Variable cost ...
Purchase this Solution
Free BrainMass Quizzes
Basics of Economics
Quiz will help you to review some basics of microeconomics and macroeconomics which are often not understood.
Elementary Microeconomics
This quiz reviews the basic concept of supply and demand analysis.
Pricing Strategies
Discussion about various pricing techniques of profit-seeking firms.
Economics, Basic Concepts, Demand-Supply-Equilibrium
The quiz tests the basic concepts of demand, supply, and equilibrium in a free market.
Economic Issues and Concepts
This quiz provides a review of the basic microeconomic concepts. Students can test their understanding of major economic issues.