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Use the figure below to answer the following question(s) .
Figure 10-1
-At which point in Figure 10-1 is the economy at long-run equilibrium?
Contribution Margin Ratio
A financial metric that measures the portion of revenue remaining after variable costs are subtracted, expressed as a percentage of sales.
Budgeted Sales Revenue
Projected income from sales activities over a specific period, as estimated during budgeting.
Break-Even Sales Revenue
The amount of revenue needed to cover all fixed and variable costs of a business.
Safety Margin
The difference between the actual performance or capacity of a system and its expected or required performance, serving as a buffer for uncertainty.
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