Examlex
When the interest rate on savings is lower than the interest rate on a loan, it is less expensive to use your savings to make a purchase.
CVP Analysis
Cost-Volume-Profit Analysis, a tool used to determine how changes in costs and volume affect a company's operating income and net income.
Variable
An element, feature, or factor that is likely to vary or change in ways that can affect the outcome of research or experiments.
Fixed
Typically refers to costs or assets that remain constant and do not vary with the level of activity or production.
Linear Relationship
A direct relationship between two variables that can be represented graphically as a straight line, indicating consistent proportionality.
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