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Time constraints are irrelevant in negotiations.
Break-even Point
The level of sales at which total revenues equal total costs, and the business makes no profit but also incurs no loss.
Break-even Analysis
An analysis to determine the point at which revenue received equals the costs associated with receiving the revenue, indicating no net loss or gain.
Operating Income
Income from a company's main business activities, excluding expenses such as interest and taxes.
Fixed Costs
Costs that do not vary with production volume, such as rent, salaries, and insurance premiums.
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