What Is the Difference Between Art and Documentary Photography

question 20

Short Answer

What is the difference between art and documentary photography?

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Definitions:

Relevant Range

The range of activity within which the assumptions about fixed and variable cost behaviors remain valid.

Relevant Range

The range of activity or volume over which the assumptions about fixed and variable costs are valid.

Variable Cost

Expenses that vary directly with the level of production or sales volume, such as materials, labor, and utility costs.

Contribution Margin

The amount remaining from sales revenue after variable expenses have been deducted, indicating how much contributes to fixed expenses and profit.