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Brian is trying to remember the colors of the visible spectrum: red,orange,yellow,green,blue,indigo,and violet.Brian decides to use the acronym ROYGBIV,which contains the first letter of each of the colors' names.Brian is using ____ to remember the colors.
Sensitivity Analysis
A technique used to determine how different values of an independent variable affect a particular dependent variable under a given set of assumptions.
Break-even Point
The financial point at which total costs equal total revenue, meaning that the business is neither making a profit nor a loss.
Cost-volume-profit Analysis
An accounting technique used to determine how changes in costs and volume affect a company's operating income and net income.
Sales Mix
The relative distribution of sales among the various products available for sale.
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