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Determine whether the relation represents a function. If it is a function, state the domain and range.
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Contribution Margin
Contribution margin is a cost accounting concept that calculates the difference between a product's price and its variable costs, indicating how much each unit sold contributes to covering fixed costs and generating profit.
Variable Cost
Costs that fluctuate in relation to the level of output or production, such as raw materials and direct labor expenses.
Operating Cash Flow
Describes the cash generated by the regular operating activities of a business in a specific period.
Contribution Margin
The amount by which the sale of a product or service exceeds its production costs, contributing to the covering of fixed costs and generating profit.
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