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Discuss how changes in the nature,number,or type of suppliers produce opportunities and threats for managers.
Fixed Costs
Costs that do not vary with the level of production or sales, such as rent, salaries, and equipment leases, remaining constant regardless of how much a company produces.
Contribution Margin
The amount by which the sale of a product or service exceeds variable costs, indicating how much it contributes to covering fixed costs.
Fixed Costs
Expenses that do not change with the level of production or sales, such as rent, salaries, and insurance premiums.
Marginal Costs
The additional cost incurred by producing one more unit of a good or service.
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