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An elderly couple is discussing health concerns with the nurse practitioner.The couple is concerned that each of their individual blood studies show different results.One set of test results shows a significant decrease in blood sugar, but the test results of the partner does not show an equal decrease.Their physician does not seem concerned, and the couple is wondering why.How is it best for the nurse practitioner to respond? Select all that apply.
Fixed Costs
Costs that do not change with the level of production or sales, such as rent and insurance.
Break-even Sales
The amount of revenue needed to cover both fixed and variable costs, resulting in zero net income or loss.
Variable Costs
Expenses that change in proportion to the activity or volume of production or sales, such as raw materials and direct labor.
Break-even Point
The point at which total revenues equal total expenses, indicating that a business is neither making a profit nor incurring a loss.
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