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What is genetic counseling? Briefly explain the role of a genetic counselor.
Contribution Margin
The difference between sales revenue and variable costs, indicating how much contributes to covering fixed costs and generating profit.
Fixed Costs
Expenses that do not change in proportion to the activity of a business.
Contribution Margin
The amount by which sales revenue exceeds variable costs; it contributes towards covering fixed costs and generating profit.
Variable Costs
Charges that adjust in relation to the quantity of goods or services manufactured by a corporation.
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