Examlex
Web-based platforms of human resource information system that include performance management modules:
Total Cost
The sum of all expenses incurred in the production and delivery of a product or service, including fixed and variable costs.
Marginal Cost
The cost incurred by producing one additional unit of a product or service.
Total Revenue
The total amount of money generated by the sale of goods or services before any expenses are subtracted.
Fixed Cost
Expenses that do not vary with the level of production or sales, such as rent or salaries.
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