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In comparison with Tripletts' study involving highly trained bicyclists,his study involving fishing reels was probably higher in:
Selling Price
The price at which an item or service is offered to buyers.
Variable Costs
Costs that change in proportion to the level of goods or services produced by a business.
Expenses
Outflows or using up of assets as part of operations of a business to generate revenue.
Contribution Margin
The difference between sales revenue and variable costs of a product or service, indicating how much revenue contributes toward covering fixed costs and generating profit.
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