Examlex
Title VII forbids testing or screening of job applicants because testing could systematically discriminate against some protected classes.
Total Revenue
The total amount of money generated by the sale of goods or services before any expenses are subtracted.
Fixed Cost
Expenses that do not vary with the level of production or sales, such as rent or salaries.
Variable Cost
Costs that vary directly with the level of production or with volume of output.
Inelastic Demand
A market situation where the demand for a product does not significantly change with a change in its price.
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