Examlex
A culture system with constant environmental conditions maintained through continual provision of nutrient and removal of wastes is called __________ culture system.
Contribution Margin
The selling price per unit, minus the variable cost per unit, used to determine the profitability of products or services.
Fixed Costs
Business expenses that remain constant regardless of the level of goods or services produced.
Fixed Costs
Costs that do not change with the level of production or sales over a certain period, such as rent or salaries.
Profit
The financial gain obtained when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity.
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