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Benjamin Whorf's belief that language determines perception and the structure of thought:
Contribution Margin Ratio
A ratio that measures the proportion of each sales dollar remaining after variable costs have been deducted.
Unit Contribution Margin
The difference between the selling price per unit and the variable cost per unit of a product, indicating how much each unit sold contributes to covering fixed costs and generating profit.
Break-even
The situation in which complete costs equate to total revenues, achieving a break-even point with no gains or losses.
Unit Sales
The number of individual units sold by a company during a specific period.
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