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Discuss the theory of personality behind cognitive therapy.
Break-Even
The point at which total costs equal total revenues, resulting in no net loss or gain for a business.
Variable Cost
Costs that vary directly with the level of production or volume of output.
Fixed Costs
Costs that do not change with the level of production or sales, such as rent, salaries, and insurance premiums, providing a basis for operational planning.
Operating Profit
Earnings before interest and taxes (EBIT), representing the profit a company makes from its operations after subtracting operating expenses from revenue.
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