Examlex
What type of sentencing involves tailoring punishment to suit the criminal and puts the power to sentence in the hands of judges and parole boards?
Net Income
This refers to the total profit of a company after all expenses and taxes have been deducted from total revenue.
Variable Cost
Costs that vary in proportion to the volume of goods or services produced, such as materials and labor.
Fixed Costs
Definition: Business expenses that remain the same regardless of the level of production or sales.
Break-Even Point
The moment when the sum of all expenses matches the sum of all income, resulting in neither a profit nor a loss.
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