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What is "due process"?
Break-even Chart
A graphical representation that shows when a business's costs will be exactly covered by its income.
Variable Costs
Costs that vary directly with the level of production or sales, such as materials and labor costs.
Fixed Costs
Expenses that do not vary with the level of production or sales, such as rent, salaries, and insurance.
Variable Costs
Expenses that change in proportion to the activity of a business, such as the cost of raw materials or production volume.
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