Examlex
Which of the following phrases should not be associated with kaizen budgeting?
Variable Costs
Costs that vary directly with the level of production or output.
Output
The total amount of goods or services produced by a company, industry, or economy.
Marginal Product
The additional output generated by employing one more unit of a particular input, holding all other inputs constant.
Total Product
The overall quantity of output produced by a firm from a given quantity of inputs.
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