Examlex
A dominance hierarchy refers to __________.
Step-Variable Cost
The cost of a resource that is obtained in large chunks and that increases and decreases only in response to fairly wide changes in activity.
Contribution Margin
It is the difference between the sales revenue of a product and its variable costs. The contribution margin represents the portion of sales revenue that is not consumed by variable costs.
Behaviour
The actions or reactions of a person or system in response to external or internal stimuli.
Contribution Margin
The amount remaining from sales revenue after variable expenses have been deducted, contributing to covering fixed expenses and profit.
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