Examlex
B.F.Skinner is to classical conditioning as Ivan Pavlov is to operant conditioning.
Fixed Costs
Costs that are constant regardless of the volume of goods or services produced by a company, including lease payments and maintenance expenditures.
Variable Costs
Disbursements that are contingent upon the magnitude of production or sales transactions.
Contribution Margin
The amount by which the sale of a product or service exceeds its variable costs, contributing to covering fixed costs and generating profit.
Variable Cost
A cost that varies directly with the level of production or sales volume.
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