Examlex
Which of the following statements about positive feedback is false?
Total Contribution Margin
The amount left over from sales revenue after variable expenses have been deducted; it contributes to covering fixed costs and generating profit.
Fixed Costs
Charges that stay the same no matter the scale of production or sales, like rent, salaries, and insurance.
Variable Costs
Expenses that vary depending on the amount of products or services a company generates.
Mixed Cost
A cost that contains both variable and fixed cost elements, changing in total with changes in activity level but not in the same proportion.
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