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If the respiratory system is not working properly, oxygen levels in the body may drop too low, and carbon dioxide levels in the body may rise too high. What are the correct medical terms for low oxygen in the body and high carbon dioxide in the body?
Fixed Costs
Costs that remain consistent regardless of production or sales volume, including rent, salaries, and insurance fees.
Variable Costs
Expenses that change in proportion to the activity or production level of a business.
Total Fixed Costs
The sum total of costs that are unaffected by changes in production levels or output.
Short-Run
A phase where production can be adjusted only by varying the amounts of variable inputs, with fixed inputs remaining constant.
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