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Which of the following does not affect the equity of a business?
Fixed Costs
Costs that remain constant regardless of the amount of goods produced or sold, like lease payments, wages, and coverage fees.
Selling Price
The amount for which a good or service is sold, determining the revenue generated from sales activities.
Variable Cost
Costs that change in proportion to the level of activity or volume of production in a business.
Fixed Costs
Costs that do not vary with the level of output or sales, such as rent, salaries, and insurance expenses.
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