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How is a dictatorship a form of authoritarianism?
Fixed Costs
Costs that do not change with the level of output or activity, over a certain period or range of production.
Variable Costs
Costs that vary directly with the level of production or service activity.
Exiting
The process of leaving or withdrawing from a situation, market, or competition, often used in the context of firms leaving an industry.
Break Even
Break even is a point at which total costs and total revenues are exactly equal, meaning there is no net loss or gain, and the business or project is just covering its expenses.
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