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Systems theory assumes groups and their members are unpredictable..
Variable Costs
Costs that change in proportion to the level of goods or services a business produces.
Fixed Costs
Costs that do not change with the level of production or sales, such as rent, salaries, or insurance premiums, providing stability in budget planning.
Total Costs
The sum of all expenses incurred in the production of goods or services, including both fixed and variable costs.
Variable Costs
Costs that vary directly with the level of production or sales volume.
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