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expenses that never change

• Break-Even Point

• Fixed Expenses

• Keystone pricing

• Markup

Occurs when the total costs and revenues are equal

• keystone pricing

• selling price

• Variable expense

• break-even point

these fluctuate based on production

• fixed expenses

• variable expenses

• keystone pricing

• selling price

the price at which a product is sold to a customer

• Keystone pricing

• Break even point

• Selling Price

• Mark up

the amount added to the break-even point to determine the selling price

• Return on Investment

• profit margin

• Price elasticity

• Markup

When a business lowers the per unit price of a product when greater amounts of the product are purchased

• Return on Investment

• Volume Pricing

• Mark Up

• Profit Margin

An economic measure showing the percentage change in quantity of a good demanded in response to a change in its price

• Profit Margin

• Return on Investment

• Price Elasticity

• Volume Pricing

a performance measure used to assess the outcome of an investment

• Return on Investment

• Profit Margin

• Volume Pricing

• Markup

the difference between the cost of buying or making something and the price at which it is sold

• Break-even Point

• Markup

• Volume Pricing

• Profit Margin

a type of markup that doubles the price a product was purchased or produced for

• Keystone Pricing

• Selling Price

• Mark Up

• Profit Margin