Examlex
Simplify the given expression.
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Out-of-pocket Cost
Expenses that are paid out directly and result in a financial outlay.
Contribution Margin
The amount remaining from sales revenue after variable expenses have been deducted, indicating how much contributes to covering fixed costs and generating profit.
Operating Capacity
The maximum output that a company can produce under normal circumstances over a specific period.
Sunk Costs
Costs that have already been incurred and cannot be recovered, which should not influence future business decisions.
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