Examlex
primary benefits of low product complexity include all of the following except:
Contribution Margin
The gap between income from sales and variable expenses, which is utilized to pay for fixed expenses and produce earnings.
Selling Price
Selling price is the amount a buyer pays to purchase a product or service from a seller.
Variable Cost
Costs that change in proportion to the level of goods or services produced, such as materials and labor costs.
Fixed Cost
Costs that do not change with the level of production or sales, such as rent, salaries, and insurance, providing predictability but fixed financial commitments.
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