Examlex
Macular degeneration is deterioration of cells in the area of sharpest vision.
Fixed Costs
Expenses that do not change with the level of goods or services produced by the business, such as rent and salaries.
Variable Costs
Costs that vary directly with the level of production or service volume.
Gross Margin
The difference between sales revenue and the cost of goods sold, indicating the profitability of products sold before other expenses.
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