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A nursing instructor is teaching about the DSM-5 criteria for the diagnosis of binge-eating disorder. Which of the following student statements indicates that further instruction is needed?
Variable Cost
A cost that changes in proportion to the level of output or activity.
Variable Costs
Costs that vary directly with the level of production or output, such as materials and labor.
Contribution Margin
The selling price per unit, minus the variable cost per unit, used to determine the profitability of products or services.
Fixed Costs
Business expenses that remain constant regardless of the level of goods or services produced.
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