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Define Metric and Give Three Examples of Common Metrics That

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Essay

Define metric and give three examples of common metrics that routers use.


Definitions:

Variable Cost

Expenses that change in proportion to the activity of a business, such as costs for raw materials or production.

Charge Price

The action of setting a specific amount of money as the cost for a product or service.

Profit Margin Percentage

A financial metric that measures the amount of net income generated as a percentage of revenue.

Marketing Strategy

A business's overall plan for reaching potential consumers and turning them into customers of their products or services.

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