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What is meant by a products contribution margin ratio and how is this ratio useful in planning business operations? 2. In a cost-volume-profit analysis, explain

What is meant by a products contribution margin ratio and how is this ratio useful in planning

business operations?

2. In a cost-volume-profit analysis, explain what happens at the break-even point and why companies do not want to remain at the break-even point.

3. Define and explain contribution margin ratio. if possible, cite sourcs

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