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Describe the mechanism by which tectonic plates are transported.
Net Income
The amount of profit remaining after all operating expenses, taxes, and interest have been deducted from total revenue.
Variable Cost
Charges that directly correlate with the amount of goods produced or the level of output.
Fixed Costs
Expenses that do not change with an increase or decrease in the number of goods or services produced, such as rent, salaries, and insurance.
Break-Even Point
The point at which total revenue equals total costs, resulting in neither profit nor loss.
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