What Two Things Does the Level of Total Variable Costs

question 2

Essay

What two things does the level of total variable costs depend on?

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Definitions:

High Status

Reflecting a position of considerable influence, respect, or prestige in a social hierarchy or organization.

Group Norms

Established standards of behavior shared by members of a group, which guide and influence member actions.

Deviate

To depart from an established course or norms.

Sanctioned

refers to actions that have been officially approved or authorized.