Examlex
What does Merton's modification of strain theory stress?
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.
Fixed Costs
Expenses that do not change in response to the level of goods or services produced by the business, such as rent, salaries, and insurance.
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