What will be the effect on the contribution margin ratio if the selling price per unit decreases and variable cost per unit remains the same?

The American rich often indulge in luxury goods while pinching pennies on everyday items

Indicate whether the statement is true or false

An American manager of a multinational company who is working in one of the company's production plants located in the country of Cadmia employs child labor at the manufacturing unit he is in charge of

On being criticized as unethical, the manager argues that such actions are ethically defensible because everyone in Cadmia is doing it. Which of the following straw men approaches to ethics is most likely demonstrated by the manager? A. Utilitarianism B. The righteous moralist C. The naive immoralist D. Kantian ethics E. Ethnocentrism