Examlex
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Predatory Pricing
A competitive strategy where a company sets very low prices for its products or services with the intent to drive competitors out of the market.
Break-even Analysis
A calculation that determines when a business or project will be able to cover all its expenses and begin to make a profit.
Fixed Costs
Expenses that do not change with the level of production or sales activities within a certain scale, such as rent, salaries, and insurance.
Variable Costs
are expenses that change in proportion to the activity of a business, such as sales volumes, including costs of goods sold and direct labor costs.
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