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_____ is the amount or intensity of the color present.
Fixed Costs
Costs that do not vary with the level of production or sales, such as rent, salaries, and insurance expenses.
Break Even
The point at which total costs and total revenues are equal, resulting in no net loss or gain.
Variable Costs
Costs that change in direct proportion to changes in levels of activity or production volume, such as materials and labor.
Fixed Costs
Costs that do not change with the level of production or sales, such as rent, salaries, and insurance, necessary for running a business.
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