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Steve was recalling his first day in college,including walking into the wrong class,dropping his books as he left,and the long line at the registrar's office he encountered when he had to switch classes.These memories are examples of
Total Sales
Total Sales represents the aggregate revenue a company generates from selling its goods or services within a specific period before any expenses are deducted.
Variable Costs
Costs that vary directly with the level of production or volume of output.
Variable Cost
Costs that vary directly with the level of production or sales volume, such as raw materials and labor.
Fixed Cost
Expenses that do not change in proportion to the level of production or business activity.
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