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When selecting a comparison group in a quasi-experimental design, one should:
Contribution Margin
The amount of revenue remaining after deducting variable costs, which can be used to cover fixed costs and contribute to profit.
Fixed Costs
Costs that do not change with the level of production output, such as rent, salaries, and insurance.
Variable Selling
Costs that change in proportion to the volume of goods or services sold.
Administrative Expense
Costs related to the general operation of a company that are not directly tied to a specific department or product, like salaries of executive officers and support staff.
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