Examlex
A popular resort restaurant will maximize profits if it chooses to stay open during the less-crowded "off season" when its total revenues exceed its variable costs.
Costs and Revenues
The expenses incurred and the income earned by a business during a specific period, influencing profitability.
Excess Capacity
The amount by which the actual production capabilities of a company exceed the current demand for its products or services.
Special Order
A one-time order that is not part of the company's usual ongoing operations, often requiring special pricing or terms.
Incremental Revenues
Additional income generated from a new action or decision, above and beyond the existing baseline revenue.
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