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An erosion is usually deeper than an ulcer.
Contribution Margin Ratio
A financial metric showing the percentage of revenue that exceeds total variable costs, indicating how much revenue contributes to fixed costs and profit.
Break-even Sales
The amount of revenue needed to cover all fixed and variable costs, resulting in no profit or loss.
Variable Cost
Costs that change in proportion to the level of production or sales activity, such as raw materials and direct labor costs.
Fixed Costs
Fixed overheads that stay the same no matter how much is produced or sold, including rental fees or staff salaries.
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Q220: A large blister is an erosion.