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We can hear sounds that are produced around a corner but cannot see light that is produced around a corner because
Fixed Expenses
Costs that do not fluctuate with changes in production level or sales volume, such as rent.
Contribution Margin
The amount by which the sales price of a product exceeds its variable costs, contributing to covering fixed costs and generating profit.
Fixed Costs
Expenses that do not change with the level of production or sales activity, such as rent, salaries, and insurance.
Net Income Target
A net income target is a predefined earnings figure that a company aims to achieve within a specific time frame.
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