Examlex
Match each of the terms with its definition or description.
-Another term for breathing
Fixed Costs
Costs that do not change with the volume of production, such as rent, salaries, or insurance.
Contribution Margin
The difference between sales revenue and variable costs of a product or service, used to cover fixed costs and to generate profit.
Fixed Costs
Costs that do not change with the level of production or business activity, such as rent, salaries, and insurance premiums.
Full-Service Contract
An agreement that provides a complete range of services related to a specific product, property, or activity, including maintenance, repairs, and often replacements.
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