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Fixed Costs
Expenses that do not change with the level of goods or services produced by a business, such as rent, salaries, and insurance premiums.
Profit Ratio
A financial metric that measures the amount of profit generated by a business relative to aspects of its operations, such as sales.
Break-even Sales
The amount of revenue required to cover total fixed and variable costs, resulting in a profit of zero.
Unit Selling Price
The price for which a single unit of a product is sold, not including any additional fees or charges.
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