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According to band theory, when the lower-energy ____band is separated from the higher-energy____ band by a small band gap, the material will act as a(n) ____of electricity.
Fixed Costs
Costs that do not change with the level of output or sales in the short term, such as rent, salaries, and insurance.
Cost Behaviour
Cost behavior is the manner in which a cost changes as the related activity level or volume changes, typically classified into fixed, variable, and mixed costs.
Cost Estimation
The process of forecasting the likely costs of a project or production, based on various factors and historical data.
Data Collection
The process of gathering and measuring information on variables of interest, in an established systematic fashion that enables one to answer stated research questions, test hypotheses, and evaluate outcomes.
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