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Open interest allows investors to change the interest rate on futures contracts.
Constrained Resource
A limited resource that restricts a company's ability to produce goods, offer services, or achieve its objectives.
Contribution Margin
The difference between the sales revenue and variable costs of a product, showing how much revenue contributes towards covering fixed costs and generating profit.
Avoidable Costs
Expenses that can be eliminated if a particular decision is made or if an activity is ceased.
Sunk Costs
Costs that have already been incurred and cannot be recovered, and should not affect future business decisions.
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