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Which of the following resources is necessary in order to combine efficiently the other resources to produce goods and services?
Break-Even Sales
The amount of revenue from sales that equals the total of the fixed and variable costs, resulting in zero profit.
Fixed Expenses
Costs that do not change with the level of production or sales activities, such as rent, salaries, and insurance.
Break-Even Sales
The amount of revenue from sales that is exactly equal to the sum of fixed and variable costs, resulting in no profit and no loss.
Break-Even Sales
The amount of revenue needed to cover all fixed and variable expenses, resulting in neither profit nor loss.
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