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What are the two basic pathways precipitation can take once it reaches Earth's surface?
Fixed Costs
Expenses that remain constant regardless of the amount of goods produced or sold, including rent, salaries, and insurance costs.
Total Revenue
The overall amount of money generated by a business from its sales of goods or services, calculated by multiplying the price per unit by the number of units sold.
Variable Costs
Costs that change in proportion to the level of output or activity.
Fixed Costs
Costs that remain constant regardless of the amount of goods produced or sold, including expenses like lease payments, wages, and debt repayments.
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