Examlex
What is a computer designed to meet the computing needs of hundreds of people in a large business environment?
Variable Expenses
Costs that change in proportion to the activity of a business.
Break-Even Point
The point at which total revenues equal total costs, indicating no net loss or gain, and where a business starts to generate profit with any additional sales.
Automated Equipment
Automated equipment consists of machinery and tools that operate with minimal human intervention, often used in manufacturing to increase efficiency and reduce labor costs.
Break-Even Point
The level of sales or production at which a business's revenues equal its expenses, resulting in neither profit nor loss.
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