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If selling price is $24 per unit,variable costs are $12 per unit and fixed costs are $40 000 per annum,the break-even point in dollars is:
Retail Cluster
A grouping of similar types of retail outlets or stores located in proximity to each other designed to provide a varied shopping experience for consumers.
Population Base
The total number of individuals within a specific area or demographic segment that could potentially use or buy a particular product or service.
Retail Location
A physical space where consumer goods are sold directly to customers, crucial for a business's accessibility and sales performance.
Extreme-Value Retailers
Stores that specialize in offering a wide range of products at exceptionally low prices, often in a no-frills shopping environment.
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