Examlex
What is the name of the new field of study that reflects the shift in focus from infectious disease to psychological/behavioral factors as causes of illness and death?
Break-Even Point
The point at which total costs and total revenue are equal, resulting in no net gain or loss.
Variable Cost
A cost that changes in proportion to the level of output or activity.
Variable Costs
Costs that vary directly with the level of production or output, such as materials and labor.
Contribution Margin
The selling price per unit, minus the variable cost per unit, used to determine the profitability of products or services.
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