Examlex
Determine whether the equation is an identity, a conditional equation, or an inconsistent equation.
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Total Fixed
The sum of all costs that do not change with the level of production or business activity, such as rent or salaries.
Total Variable
The total of all costs that vary with the level of output or production.
Average Fixed Costs
The fixed costs of production (costs that do not vary with the level of output) divided by the quantity of output produced.
Drones
Unmanned aerial vehicles (UAVs) capable of flying autonomously or being controlled remotely, used for various purposes including photography, surveillance, and delivery.
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