Although isocost lines and budget lines are similar, they differ in that: A. the consumer is constrained to the budget line while the firm can have more than one isocost line. B. the slope of a budget line equals the price ratio while the slope of an isocost line is not related to prices. C. budget lines are linear while isocost lines can be curved. D. budget lines do not have a constant expenditure.

Garfield corporation is considering building a new plant in canada. it predicts sales at the new plant to be 50,000 units at $5.00/unit. below is a listing of estimated expenses. category total annual expenses % of annual expense that are fixed materials $50,000 10% labor $90,000 20% overhead $40,000 30% marketing/admin $20,000 50% a canadian firm was contracted to sell the product and will receive a commission of 10% of the sales price. no u.s. home office expenses will be allocated to the new facility. the contribution margin ratio for garfield corporation is