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What factor has seriously reduced the effectiveness over the last few years of the 5-m Hale telescope on Mt.Palomar,California,formerly the largest telescope in the world?
Fixed Costs
Expenses that do not change with changes in the volume of production or sales, such as rent or salaries.
Contribution Margin
The difference between the sales revenue of a product and its variable costs, indicating how much contributes to covering fixed costs and generating profit.
Unprofitable Segment
An unprofitable segment is a division or part of a business that consistently generates losses instead of profits.
Net Income
The total profit of a company after all expenses and taxes have been subtracted from total revenue.
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