IDNLearn.com provides a user-friendly platform for finding and sharing knowledge. Join our community to receive prompt and reliable responses to your questions from knowledgeable professionals.
Write only the letter of each definition, followed by the number of the term that matches that definition (e.g., A - 9).
\begin{tabular}{|l|l|} \hline A. Costs that stay more or less the same each month, irrespective of how much work a business does & 3. Fixed costs \\ \hline B. Costs that increase when a business does more work, and decrease when a business does less work & 10. Variable costs \\ \hline C. The minimum number of units that a business needs to sell per month to ensure that it does not make a loss & T. Break-even point \\ \hline D. The price that you paid for a product that will be sold at a profit & 2. Cost price \\ \hline E. The price that you expect the customer to pay for a product that you are selling & 7. Selling price \\ \hline F. The Cost price plus the variable cost for one unit & 9. Unit Cost of sales \\ \hline G. The price increase that a business adds to the unit Cost of sales when he or she decides on the Selling price & 4. Mark-up \\ \hline H. Income minus expenses OR Selling price minus Cost of sales & 5. Profit \\ \hline I. Any convenient way to measure how much of a product you sell, such as one metre of cloth & 8. Unit \\ \hline J. Profit per unit [tex]$\div$[/tex] unit Cost of sales [tex]$\times 100$[/tex] & 6. Profit percentage \\ \hline \end{tabular}
We appreciate every question and answer you provide. Keep engaging and finding the best solutions. This community is the perfect place to learn and grow together. IDNLearn.com is committed to providing accurate answers. Thanks for stopping by, and see you next time for more solutions.
