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Isolating mechanisms, besides that of geography, include which of the following?
Net Income
The total earnings of a company or individual after deducting expenses, taxes, and deductions.
Gross Profit
The financial difference between revenue and the cost of goods sold (COGS), indicating the efficiency of a business in managing its direct costs.
Cost of Goods Sold
An accounting term representing the direct costs attributable to the production of the goods sold by a company.
Administrative Expenses
Costs related to the general operation and management of a business, such as salaries of executive personnel and office supplies.
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