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-fall of the Berlin Wall
Fixed Costs
Costs that do not change with the level of output or sales, such as rent, salaries, and insurance premiums.
Car Washes
Businesses or services dedicated to cleaning vehicles, both internally and externally, often offering various levels of service.
Variable Costs
Charges that fluctuate in accordance with the amount of output.
Average Price
The mean price of a good or service calculated by dividing the total cost by the number of units sold.
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