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Explain the concept of a contribution margin and describe how its different from gross margin. what is the significance of the contribution margin ratio, and

  1. Explain the concept of a contribution margin and describe how its different from gross margin. what is the significance of the contribution margin ratio, and how is the ratio used when planning business operations? Give examples!

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Explain the concept of a contribution margin The contribution margin can be stated on a gross or per unit basis It represents the incremental money generated for each product or unit sold after deduct... blur-text-image

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