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What does the term viral marketing mean?
Unit Costs
Unit Costs refer to the total expenditure incurred to produce, store, and sell one unit of a product, including all variable and fixed costs.
Variable
An element, feature, or factor that is liable to vary or change; in science and mathematics, a quantity that can assume any of a set of values.
Fixed Costs
Charges that are unaffected by changes in production or sales volumes, like lease payments, employee salaries, and insurance costs.
Fixed Costs
Financial obligations that do not fluctuate with changes in production levels or sales numbers, like rent, salary payments, and insurance premiums.
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