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Phil and Lil are both playing with dolls in the same room. Use them in examples of parallel, simple social, and cooperative play.
Unit Cost
The cost incurred to produce, store, or acquire one unit of a product or service.
Overhead Costs
Expenses not directly tied to production but necessary for running the business, like rent, utilities, and administrative salaries.
Operating Profit
Earnings from a company's core business operations, excluding deductions of interest and tax.
Selling Price
The amount of money for which a good or service is sold to the buyer.
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