Examlex
Changing the pay of an employee without his/her consent is an example of constructive dismissal.
Break-even Point
The point at which total costs and total revenues are equal, meaning there is no profit or loss.
Unit Selling Price
The amount of money charged for one unit of a product or service.
Unit Variable Cost
The cost associated with producing one additional unit of a product, which can vary with the level of production output.
Fixed Costs
Expenses that do not change with the level of production or sales activity, such as rent, salaries, and insurance.
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