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Jerry loves to party and thinks everyone else enjoys partying as much as he does.He is demonstrating the _____ effect.
Contribution Margin
The amount by which sales revenue exceeds variable costs of production, indicating how much contributes to covering fixed costs and generating profit.
EBIT
A financial indicator, Earnings Before Interest and Taxes, reflects a company's earnings by removing the effects of interest and tax expenses.
Fixed Costs
Costs that do not change with the level of output or sales in the short term.
EPS
Earnings Per Share, a measure of a company's profitability, calculated as net income divided by the number of outstanding shares.
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