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How do auto manufacturers in United States,Europe,and Japan hedge the economic risks?
Variable Costs
Costs that vary in direct proportion to changes in the level of production or sales volume.
Variable Costs
Costs that change in proportion to the level of production or activity, such as materials and labor.
Sales
The transactions involving the exchange of goods or services for money.
Contribution Margin Ratio
A financial metric that measures how much of a company's revenue is left over after variable costs to cover fixed costs and generate profit.
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