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Physiological ecologists study
Variable Costs
Costs that vary directly with the level of production output, such as raw materials and hourly labor expenses.
Output
The quantity of output generated by an individual, device, or sector.
Total Variable Costs
The sum of expenses that change in proportion to the production volume or level of activities in a business.
Firm Produces
The process where a business uses its resources to create goods or services that can be sold in the market.
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