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When Carrie Meets People from Different Ethnic Groups, She Tries

question 459

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When Carrie meets people from different ethnic groups, she tries to focus on the person and not the label attached to him or her. To combat stereotypes, Carrie is using


Definitions:

Break-Even

The instance where cumulative spending equals cumulative earnings, causing neither a financial gain nor a deficit.

Variable Costs

Costs that vary directly with the level of production or output.

Fixed Costs

Fixed expenses that are unaffected by the amount of goods produced or sold, for example, rent, salaries, and insurance payments.

Profit

Profit is the financial gain obtained when the amount earned from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.

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