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Identify the significance of the Border States to both the North and the South. How did they influence the shaping of Union military and political strategy to win the Civil War?
Variable Costs
Costs that vary directly with the level of production or sales volume.
Fixed Costs
Costs that do not vary with the level of output or production, such as rent or salaries.
Profit
The financial gain obtained when the revenue generated from business activities exceeds the expenses, costs, and taxes involved in sustaining the activity.
Variable Costs
Costs that vary directly with the level of production or output, including items such as raw materials and direct labor expenses.
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