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Technician A says the best hydraulic connection between the vehicle frame and the wheel assembly is a soft metal tubing. Technician B says a defect in a flexible brake hose may prevent that brake from releasing. Who is correct?
Break-Even Point
The level of production or volume of sales at which total costs and total revenue are equal, resulting in no net loss or gain.
Variable Expenses
Variable expenses fluctuate with business activity levels, such as materials and labor costs, which increase as production increases.
Fixed Expenses
Costs that do not vary with changes in production volume or sales, such as rent, salaries, and insurance.
Profit
The financial gain realized when the revenue generated from a business activity exceeds the costs, expenses, and taxes needed to sustain the activity.
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