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One system of categorizing emotions focuses on their valence and activity. For example, excitement might be considered an active-positive emotion. Classify the following emotions according to valence and activity and justify your choices: relief, envy, terror, and joy.
Variable Selling Costs
Expenses that vary directly with the volume of sales, including commissions and shipping fees.
Variable Production Costs
Expenses that fluctuate in direct proportion to production volume, like labor and materials.
Break-even
The point at which total cost and total revenue are equal, meaning there is no net loss or gain.
Fixed Costs
Expenses that do not change with the level of production or sales, such as rent, salaries, and insurance.
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