Examlex
The definition of "race" specified in the statutory language of Title VII includes the following racial categories:
Joint Costs
Costs that are incurred up to a split-off point in the production process, making them inseparable costs shared by more than one product.
Sunk Costs
Costs that have already been incurred and cannot be recovered, which should not influence future business decisions since they cannot be changed.
Split-off
A point in a production process where multiple products are generated from a single input, each having its own identifiable market.
Joint Production Costs
Costs incurred during the process of producing multiple products simultaneously where the costs cannot be attributed to individual products easily.
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