Examlex
Oxygen in the lungs diffuses from the capillary walls to enter the alveolar walls.
Variable Cost
A cost that varies in direct proportion to changes in the level of activity or production volume.
Fixed Cost
Costs that do not vary with the level of output or sales, such as rent, salaries, and insurance.
Total Miles Driven
The cumulative distance that a vehicle has traveled, often used for business accounting or to monitor vehicle performance and maintenance needs.
Gasoline Costs
The expense incurred from purchasing gasoline, often considered a significant variable cost for companies dependent on transportation.
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