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"It is unjust to treat people differently in ways that deny to some of them significant social benefits unless we can show that there is a difference between them that is relevant to the differential treatment." This quote supports the principle of
Variable Production Cost
Costs that vary directly with the level of production output, including raw materials, direct labor, and other expenses that increase with production volume.
Sales Price
Sales Price is the amount of money charged for a product or service in the market.
Net Operating Income
A financial metric that calculates a company's profit after subtracting operating expenses but before interest and taxes.
Line Chart
A type of chart which displays information as a series of data points called 'markers' connected by straight line segments.
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