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How did Ralf Dahrendorf view conflict?
Net Realisable Value
The estimated selling price of goods, minus the costs of their sale or disposal.
Joint Costs
Costs incurred up to the split-off point in the process of producing joint products, which are not identifiable to individual products.
Contribution Margin
The amount remaining from sales revenue after variable expenses have been deducted, contributing towards covering fixed costs and profit.
Net Loss
The result when a company's total expenses exceed its total revenues over a specific period, indicating a negative profit.
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