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-Mohandas Gandhi and civil disobedience
Break-even Point
The break-even point is the point at which total costs and total revenues are equal, meaning the business is neither making a profit nor a loss.
Variable Costs
Costs that change directly and proportionately with the level of production or business activity.
Break-even Point
The level of sales at which total revenues equal total costs, resulting in no profit or loss.
Fixed Costs
Expenses that do not change with the level of goods or services produced by a business, such as rent, salaries, and insurance.
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