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The use of strategic alliances:
Break-even Chart
A graphical representation that shows at what point a business, product, or project will become profitable, by plotting costs against revenues.
Variable Costs
Costs associated with production that change in proportion to the amount of goods or services produced.
Fixed Costs
Expenses that do not vary with production volume or service levels, such as rent, salaries, and insurance premiums.
Price Sensitivity
The degree to which the demand for a product or service is affected by changes in its price.
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