Examlex
GABA is __________.
Break-even
The point at which total costs equal total revenues, meaning there is no profit or loss.
Variable Cost
Variable cost is a cost that changes in proportion to the level of production or business activity, such as raw materials and direct labor.
Monthly Dollar Sales
The total revenue generated from sales, expressed in dollars, for a specific month.
Break-even
The moment when a business's total earnings match its total expenses, leading to neither profit nor loss.
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