Examlex
Which of the following statements is most clearly and concisely worded?
Opportunity Cost
The loss of potential gain from other alternatives when one alternative is chosen.
Contribution Margin
The amount of revenue remaining after deducting variable costs, used to cover fixed costs and generate profit.
Sales Mix
The relative proportion of different products or services sold by a company, significantly influencing its overall profitability.
Existing Sales
The volume or amount of sales that a company has already achieved within a specific period, prior to any new sales efforts or campaigns.
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