Examlex
Convert the expression.
Variable Cost
Costs that change in proportion to the good or service that a business produces.
Inventory
The total amount of goods and materials held by a company for the purpose of resale or production.
Default Percent
The percentage of loans or debts that are not paid back in accordance with the terms agreed upon by borrowers and lenders.
Variable Cost
A cost that varies with the level of output or sales, such as materials and labor costs.
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