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The ancient Jews borrowed from Zoroastrianism the notion of
Variable Selling Costs
Expenses that vary directly with the volume of sales, including commissions and shipping fees.
Variable Production Costs
Expenses that fluctuate in direct proportion to production volume, like labor and materials.
Break-even
The point at which total cost and total revenue are equal, meaning there is no net loss or gain.
Fixed Costs
Expenses that do not change with the level of production or sales, such as rent, salaries, and insurance.
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