Examlex
Even when there are no sales, total costs include only variable costs.
Administrative Costs
Expenses related to the general operation of an organization, such as salaries of non-production staff, office supplies, and utilities.
GDP
Gross Domestic Product, a financial measure representing the total market value of all final goods and services produced within a country in a given period.
Health Care
The maintenance or improvement of health via the diagnosis, treatment, and prevention of disease, illness, injury, and other physical and mental impairments in people.
Two-tier System
A societal or organizational system where two distinct classes or groups have varying access to resources, rights, or services.
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