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Aaron has been trying to improve his time in the 100 metre run. He often practices at the track late at night with his girlfriend timing him. To his amazement, when his friend, Benjamin, who is an excellent runner, volunteers to run with him, his time actually ______________.
Profit-Leverage Effect
A financial concept indicating that a reduction in purchasing costs can have a more significant impact on a company's profit than an equivalent increase in sales.
Cost of Purchases
The total expense incurred in acquiring goods and services, including price, shipping, and handling, among other costs.
Annual Sales
The total revenue a company generates from its operations over a one-year period.
Supply Chains
Networks involving organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer.
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