Refer to the information provided in Figure 6.14 below to answer the question(s) that follow. Figure 6.14Refer to Figure 6.14. If the price of an ice cream cone is $2, the price of ice cream sandwiches is

In the linear breakeven model, the difference between selling price per unit and variable cost per unit is referred to as:

a. variable margin per unit b. variable cost ratio c. contribution margin per unit d. target margin per unit e. none of the above

If a firm that experiences economies of scope doubles its production of an item, its costs will less than double

a. True b. False