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What is the major natural cause of changes in global climate?
Break-Even Point
The level of production or sales at which total revenues equal total costs, resulting in no profit or loss.
Variable Costs
Costs that fluctuate with the level of output or production, such as raw materials and direct labor.
Contribution Margin
The amount by which a product's sales price exceeds its variable costs. It contributes to covering fixed costs and generating profit.
Variable Costs
Expenses that change in proportion to the level of production or sales activity.
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