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Oxidative phosphorylation in the mitochondrion is carried out by enzymes
Normal Profits
An economic condition where a firm's total revenue is equal to its total costs, allowing it to cover all its opportunity costs.
Shutdown Point
The point in business operations where the revenue from the sale of goods or services is equal to the variable costs, beyond which the business would incur losses.
Break-Even Point
An output at which a firm makes a normal profit (total revenue = total cost) but not an economic profit.
Variable Costs
Costs that vary directly with the level of production.
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