Examlex
A "breech baby":
Variable Cost
A cost that varies with the level of output or production, such as materials and labor costs.
Variable Cost
Costs that change directly and proportionally with the level of production output or sales volume.
Nonprofit Organization
An organization that operates for educational, charitable, social, religious, or other activities serving the public interest or common good, without the goal of making profits for owners or shareholders.
Break-Even Level
The point at which total revenues equal total expenses, resulting in neither profit nor loss.
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