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Classification. Respond to the following statements used by ecologists with reference to the five terms listed below:
-Movement of individuals into a population
Contribution Margin
The amount remaining from sales revenue after variable costs are deducted, indicating how much contributes to covering fixed costs and profit generation.
Break-Even Point
The point at which total costs and total revenue are equal, resulting in no profit or loss.
Direct Materials
Raw materials that are directly traceable to the manufacturing of a specific product and included in the product's cost calculation.
Break-Even Point
The level of production or sales volume at which total revenues equal total costs, resulting in zero profit or loss.
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