Examlex
The hardware components of an information system will act as a(n) ________.
Fixed
Pertaining to costs that do not fluctuate with changes in production level or sales volume, such as rent, salaries, and insurance.
Mixed
Pertaining to costs or variables that have both fixed and variable components, changing with the level of activity but not directly proportional to it.
Selling Price
The cost at which consumers can purchase a product or service.
Contribution Margin
The amount remaining from sales revenue after all variable expenses have been deducted, indicating how much revenue is contributing to covering fixed expenses and generating profit.
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