Examlex
MATCHING
Match the following terms:
-A testing accessory that is injected with air after being inserted into a drainage pipe to allow the system to be filled with water.
Market Saturation
A situation in which a product or service has become so widespread that the market is considered fully served, limiting further growth.
Actual Market
The existing market where a company's products or services are currently being sold, as opposed to potential new markets.
Contribution Margin
The amount by which the sale of a product or service exceeds its production and selling costs, indicating how much contributes to covering fixed costs and generating profit.
Variable Cost
A cost that varies with the level of output or production, such as materials and labor costs.
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