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What would be a sociological explanation for differences in standardized test scores among schools?
Fixed Production Costs
Manufacturing costs that remain constant regardless of the level of production, such as rent and salaries of permanent staff.
Per Unit
A term that describes costs or revenues on a single unit basis.
Variable Costs
Expenses that directly fluctuate in proportion to the production or service activity level.
Activity
Any action or operation within a business or process.
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