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Education flourished in the South,with approximately one black high school for each county by 1900.
Contribution Margin Ratio
The contribution margin ratio calculates the proportion of sales revenue that exceeds variable costs, showing what portion of sales contributes to covering fixed costs and generating profit.
Selling Price
The amount at which a product or service is sold to customers, determined by factors such as market demand, production costs, and competition.
Variable Cost
Costs that vary directly with the level of production or business activity.
Sales Dollars
The revenue generated from goods or services sold, expressed in dollars.
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