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Why doesn't the sea get saltier over time?
Contribution Margin
The surplus of sales revenue over variable costs, showing the extent to which revenue aids in covering fixed costs and generating profit.
Financial Advantage
The benefit gained in a financial context, such as lower costs, higher revenues, or competitive superiority.
Outside Supplier
An entity or company that provides goods or services to another company from outside the purchasing company's internal structure.
Variable Costs
Costs that change in proportion to the level of goods or services produced by a business.
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