Examlex
Bruxism
Break-even Point
The point at which total costs and total revenues are equal, meaning that a business, project, or investment is neither making a loss nor a profit.
Normal Profit
The minimum profit necessary for a company to remain competitive in the market; it corresponds to the opportunity cost of capital.
Product Price
The amount of money charged for a product or service, determined by factors such as cost of production, market demand, and competition.
Curve Steepness
The rate at which the slope of a curve increases or decreases, often used in economics to describe the sensitivity of one variable to another.
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