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Which term refers to the biological distinction between females and males?
Total Revenue
The total amount of money generated by a firm or entity from its business activities, calculated by multiplying the price by the quantity sold.
Variable Costs
Expenses that vary directly with the level of production or sales volume, such as materials and labor.
Profitable
Generating revenue that exceeds the expenses, costs, and taxes needed to sustain the activity.
Average Total Cost
The cost per unit of output, calculated by dividing the overall production costs by the number of units produced.
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