Examlex
The fear that children show at around 8 months of age is called separation anxiety and it is
a strong indication that attachment exists between the child and his/her primary caregiver.
Break-even Point
The point at which total income matches total costs, leading to a situation where there is no gain or deficit.
Variable Cost
Costs that vary directly with the level of production or the volume of services rendered, such as raw materials and direct labor.
Fixed Costs
Costs that remain constant regardless of the amount of products or services a company generates, including expenses like lease payments, wages, and premiums.
Break-even Point
The volume of production or sales at which total revenues equal total costs, resulting in neither profit nor loss.
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