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Discuss the Impact of Sources of Influence on Consumer Behavior

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Discuss the impact of sources of influence on consumer behavior.


Definitions:

Flat Fee

A charged price for a service that does not vary with usage or time.

Overhead

All manufacturing costs that cannot be directly traced to a product. Overhead includes indirect labor and materials, plant depreciation, insurance and property taxes, plant management salaries, and so forth. See Indirect Cost Pool.

Direct Labor

The workforce involved in the hands-on manufacturing of goods or provision of services.

Variable Factory Overhead

Expenses that fluctuate with the level of production output, such as utilities or materials used in the manufacturing process.

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