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Describe the term "breeding isolates" and give an example.
Variable Costs
Spendings that move in tandem with the level of output or number of sales.
Sales Dollars
The total revenue generated from the sale of goods or services before any expenses are deducted.
Break-Even Point
The production level or sales volume at which total revenues equal total expenses, resulting in no net loss or gain.
Contribution Margin
The difference between sales revenue and variable costs, which contributes towards covering fixed costs and earning profit.
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