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It is important for any organism to maintain its boundaries, so that its internal environment remains distinct from the external environment surrounding it.
Net Income
The total profit or loss of a company after all expenses, taxes, and costs have been subtracted from total revenue.
Fixed Cost
A cost that does not change with an increase or decrease in the number of goods or services produced or sold.
Production Costs
Direct costs associated with the manufacturing of goods, including labor, materials, and overhead expenses.
Variable Manufacturing Costs
Expenses that vary directly with the level of production, such as raw materials and labor.
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