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Constance Kamii believes that work sheets
Variable Costs
Costs that change in proportion to the level of production or business activity.
Fixed Costs
Expenses that do not vary with the volume of output, including costs like rent, salaries, and insurance premiums.
Net Income
The total earnings of a company after subtracting all expenses, taxes, and costs, indicating its profitability.
Variable Costs
Costs that vary directly with the level of production or volume of output.
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