Examlex
Explain why many of the types of coalitions formed in governments around the world are "minimum coalitions" rather than "maximum coalitions." Why would the parties forming coalitions seek a "minimum" rather than a "maximum"?
Fixed Costs
Expenses that do not vary with the level of production or sales volumes, such as rent, salaries, and insurance premiums.
Operating Leverage
Operating leverage is a measure of how revenue growth translates into growth in operating income, indicating the proportion of fixed versus variable costs a company has.
Pretax Income
Income earned by a company before taxes are deducted, indicating the profitability of a company's core operations.
Sales Increase
The rise in the amount of products or services sold by a company, usually compared to a previous period.
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