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.
Snapchat is a social media app that allows users to send photos, videos or text to other users on their contact list. The snaps have a controlled time limit of which to view before they expire. For example, a user may send one photo to a contact with a time limit of 30 seconds.