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Refer to the graphs shown. If income is $60 and the price of Y is $3, a decrease in the price of X from $3 to $2 would cause a movement:
Unit Cost
The expenditure involved in generating, keeping, or obtaining one unit of a product or service.
Overhead
An ongoing expense of operating a business, such as rent, utilities, and salaries.
Break-even Price
The price level at which the revenues for a product or service equal the costs, resulting in neither profit nor loss.
Markdown
A reduction from the original or previous retail price of a product.
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