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Solve.
Fixed Cost
Costs that do not change with the level of production or sales, such as rent, salaries, and insurance.
Marginal Cost
Marginal Cost is the increase or decrease in the total cost of production resulting from producing one additional unit of a product.
Variable Cost
Refers to expenses that change in proportion to the production output or activity level of a company.
Fixed Cost
This is a cost that does not change with an increase or decrease in the amount of goods or services produced or sold.
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