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Private finance initiatives involve the national or local government building and owning a public infrastructure project with funds raised from the private sector.
Break-Even Point
The production level or sales volume at which total revenues equal total expenses, resulting in neither profit nor loss.
Fixed Costs
Expenses that do not change with the level of goods or services produced by a business, such as rent, salaries, and insurance.
Contribution Per Unit
The amount of revenue from each unit sold that contributes to covering fixed costs and generating profit.
Fixed Costs
Expenses that do not change with the level of production or sales, such as rent, salaries, or insurance premiums.
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