Examlex
The acronym C-A-B stands for ____.
Fixed Costs
Expenses that do not change with the level of production or sales over a short period, such as rent, salaries, and insurance.
Marginal Costs
The additional cost incurred from producing one additional unit of a product or service.
Break-even Quantity
The number of units that need to be sold for a business to cover its production costs, resulting in zero profit or loss.
Fixed Costs
Costs that do not change with the level of output or sales, such as rent or salaries, remaining constant regardless of business activity.
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