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The most important advantages of bigness will be found in industries that show increasing returns to scale.
Total Sales Revenue
The total income generated from selling goods or services before any expenses are subtracted.
Selling Price
The amount of money for which a product or service is sold to the customer, including all applicable costs and markup.
Operating Leverage
A measure of how revenue growth translates into growth in operating income, indicating the proportion of fixed versus variable costs.
Break-Even Point
The financial point at which total costs and total revenue are equal, resulting in no net loss or gain.
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