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What is a computer portable enough to fit on a lap or in a bag and has its own power source or battery?
Variable Costs
Costs that vary directly with the level of business activity.
Variable Costs
Costs that vary in total directly and proportionately with changes in the activity level or volume of output.
Financial Advantage
The benefit or edge that a business or individual has that allows them to generate more income or wealth compared to others.
Fixed Manufacturing Overhead
Regular, consistent expenses that do not vary with production levels, such as salaries of supervisors and rent for factory facilities.
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