Examlex
The bystander effect predicts that:
Avoidable Costs
These are expenses that can be eliminated if a particular decision is made or if a certain action is avoided.
Eliminated Costs
Expenses removed from a budget or accounting records, often due to cost-cutting measures.
Constrained Resource
A factor within a production process that limits the output or efficiency, such as machinery capacity or raw material supply.
Contribution Margin
The amount remaining from sales revenue after variable expenses are deducted, indicating how much revenue is contributing to fixed costs and profit.
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