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Classify the following compounds as weak acids (W) or strong acids (S) : benzoic acid nitric acid acetic acid
Fixed Costs
Expenses that do not change with the level of production or sales.
Contribution Margin
The amount by which sales revenue exceeds variable costs, indicating how much revenue contributes to fixed costs and profit.
Variable Costs
Variable costs that change in direct correlation with production output or sales figures, like labor costs and materials expenses.
Fixed Costs
Expenses that do not change in total despite fluctuations in the volume of goods or services produced or sold.
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