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A qualitative research study to determine why kids join gangs focuses heavily on understanding things such as career opportunities,education,family support,and social support.This would be an example of
Contribution Margin
The amount by which sales revenue exceeds variable costs, helpful in determining the profitability of individual products or services.
Fixed Costs
Expenses that do not change in total despite fluctuations in production or sales levels, such as rent, salaries, and insurance premiums.
Break-Even Point
The point at which total costs and total revenue are equal, resulting in no net loss or gain, and where the business is essentially covering all its costs.
Contribution Margin Ratio
A measure of a company's ability to cover variable costs with sales, calculated as (Sales - Variable Costs)/Sales.
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