Examlex
Which of the following does M1+ include?
Monthly Demand
The total quantity of a product or service that consumers are willing and able to purchase within a month.
Variable Selling Cost
Costs that vary directly with the level of sales, such as commissions or shipping charges related to the sale of products.
Opportunity Costs
Opportunity costs represent the benefits a person, investor, or business misses out on when choosing one alternative over another.
Variable Cost
Costs that vary directly with the level of production or output, such as raw materials and direct labor expenses.
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