Contribution margin is a measure of operating leverage: the higher the contribution margin is (the lower variable costs are as a percentage of total costs), the faster the profits increase with sales.
What is a snap switch also known as Snap Disc or snap action thermostat? Snap Disc, or snap switch thermostats are bimetal mechanical thermostats that function via the thermal expansion and contraction of a bimetal disc that âsnapsâ from a convex to a concave shape at a set temperature. When the disc âsnapsâ, it either completes or interrupts a circuit.
Definition of:Ethernet switch. A central hub wired to every computer and network device in an Ethernet. In the home and small office, an Ethernet switch is built into the router (see wireless router). 10/100 and 10/100/1000.