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As the mother of two small children, Jen struggles to make ends meet on her minimum-wage job. After paying rent and child care expenses, there is sometimes not enough money left at the end of the month to pay the heating bill. More than once the family has gone without warmth on cold nights, and she and kids have gone to bed hungry. Which of the five basic needs is Jen struggling to meet?
Breakeven Analysis
Breakeven Analysis is a financial calculation to determine the point at which revenues equal costs, indicating no profit or loss.
Labor
Includes anyone who works, including both the physical labor and the intellectual inputs contributed by workers.
Discount Pricing
A pricing strategy where products or services are offered at a reduced price to stimulate demand or reward customers.
Sales Volume
The total number of units sold within a specified period, often used to measure a company's activity level or performance.
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