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The IQ correlation between siblings decreases as the age difference between them increases.
Break-Even Point
The point where the amount produced or sold matches the overall expenses, leading to neither a profit nor a loss.
Contribution Margin
A profitability metric that calculates the amount of revenue remaining after deducting variable costs, used to cover fixed costs and generate profit.
Selling Price
The amount of money for which a product or service is offered for sale to customers.
Contribution Margin Ratio
The percentage of revenue remaining after variable costs have been subtracted, indicating how much revenue is available to cover fixed costs and generate profit.
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