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Which of the following statements are correct regarding mutations?
1) Mutations are changes in the base sequence in DNA and may include insertion, deletion, or replacement.
2) Mutations may result in no effect on protein expression or functional activity.
3) Mutations may result in partial or total loss of protein function.
4) Mutations always result in disease.
Actual Sales
This refers to the actual revenue generated from the sale of products or services, as opposed to projected sales or forecasts.
Break-even Point
The point at which total revenues equal total costs, meaning the company neither makes a profit nor incurs a loss.
Variable Costs
Costs that vary directly with the level of production or with volume of services provided.
Fixed Costs
Fixed costs are expenses that do not vary with the level of production or sales within a certain range, such as rent, salaries, and insurance.
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