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In Year 1, variable costs per unit of output are $21 and output is 11,000 units. If variable costs are expected to increase by 50c per unit in the following year and output is expected to increase by 10%, the projected figure for total variable costs for Year 2 is:
Celibacy
The condition of refraining from both marriage and sexual activities, frequently due to religious or spiritual motivations.
Abolitionists
Individuals who advocated for and worked towards the end of slavery.
American Revolution
A period of political and military conflict (1775-1783) wherein thirteen of Britain’s North American colonies successfully established independence.
Harriet Martineau
An English social theorist and Whig writer, often cited as the first female sociologist, who studied and wrote extensively on social and political issues of her time.
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