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.
snap - the act of catching an object with the hands; Mays made the catch with his back to the plate; he made a grab for the ball before it landed; Martin's snatch at the bridle failed and the horse raced away; the infielder's snap and throw was a single motion. grab, snatch, catch.