Examlex
Health hazards refer to _____.
Raw Materials
The basic materials from which products are made, typically unprocessed or minimally processed before being used in manufacturing processes.
Contribution Margin
The difference between sales revenue and variable costs, indicating how much revenue contributes to covering fixed costs.
Fixed Costs
Expenses that do not change in total regardless of the level of production or sales activity, such as rent, salaries, and insurance.
Marginal Costs
The additional cost incurred by producing one extra unit of a product or service.
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