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If people eat more potato chips even though the price rises, it is likely that
Break-Even Volume
is the quantity of sales necessary to cover all fixed and variable costs, resulting in zero profit or loss.
Break-Even Point
The point at which total costs equal total revenue, meaning there is no profit or loss.
Total Sales
The aggregate revenue a company generates from selling goods or services within a specified period.
Fixed Costs
Costs that do not fluctuate with changes in production level or sales volume, such as rent, salaries, and insurance.
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