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Native American and Indigenous Populations are often identified as being particularly vulnerable to the impacts of climate change, particularly communities located along the coastline in Alaska and the Pacific Northwest. Describe why it is important for risk assessments to be informed by the "best available data." Why should this include both modern sciencitific information and knowledge of the environment from within communities?
Contribution Margin
The difference between the sales revenue of a product and its variable costs.
Machine Time
The scheduled or actual time that a machine is set to operate or is operating, usually relating to production processes.
Total Cost Concept
An approach in accounting that considers all costs related to the production of a product, including direct, indirect, fixed, and variable costs.
Rate of Return
The Rate of Return (RoR) is a financial metric used to measure the profitability of an investment, representing the percentage of profit or loss relative to the investment's original cost.
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