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Currently,two extant elephant species (X and Y) are placed in the genus Loxodonta,and a third species (Z) is placed in the genus Elephas.Assuming this classification reflects evolutionary relatedness,which of the following is the most accurate phylogenetic tree?
Fixed Costs
Expenses that do not vary with production volume or business activity level, such as rent, salaries, and insurance premiums.
Operating Leverage
A measure of how revenue growth translates into growth in operating income, indicating the extent to which a firm uses fixed versus variable costs.
Variable Cost
Costs that change in proportion to the level of output or activity in a business.
Fixed Costs
Costs that do not vary in proportion to the level of goods or services produced by a business, such as rent, salaries, and insurance premiums.
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