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Instructions
Which of the following client statements represents concrete client statements, and which represents abstract/formal operational thought?
-____ "My child is very active physically and talks pretty fast. He can get so enthused about something that he knocks over things. Yet, he is able to carry on a conversation and pays attention when I read to him. I wonder why they want to label all this as ADHD."
A)for concrete client statement
B)for abstract/formal operational thought
Break-even
The point at which total cost and total revenue are equal, resulting in no net loss or gain.
Variable Costs
Expenses that change in proportion to the level of production or business activity.
Fixed Costs
Fixed costs are business expenses that remain constant regardless of the level of production or sales activities, such as rent, salaries, and insurance.
Contribution Margin
The sales price minus the variable costs of a product, indicating how much selling one more unit adds to profit.
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