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If the demand for online banking increases, we would expect to see the
Step-Variable Cost
A cost that remains constant for a certain level of activity, but changes in step fashion once a certain threshold is surpassed.
Activity
An event that causes the consumption of overhead resources.
Variable Cost Per Unit
The cost that varies with the level of output, computed on a per-unit basis.
Fixed Cost
A fixed cost is a business expense that remains constant regardless of changes in production levels or sales volumes.
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