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Imagine this figure is designed to represent a normal distribution. What is one problem with it?
Total Daily Cost
The complete sum of all expenses incurred by an individual or company in a single day, including both fixed and variable costs.
Cost Of Workers
The total expenses incurred by an employer to compensate employees, including wages, benefits, and any other forms of compensation.
Cost Of Machines
The expenses involved in acquiring machinery for business operations, including purchase price, installation, maintenance, and operation costs.
Fixed Cost
Expenses that do not change with changes in the volume of production or sales, such as rent, salaries, and insurance.
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