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Variable Costs
Expenses that vary directly with the level of production or volume of output.
Snow-clearing
The process of removing snow from surfaces, like roads and walkways, to make them accessible and safe.
Perfectly Competitive
A market structure characterized by many buyers and sellers, all of whom have complete information and the products offered are homogeneous.
Marginal Cost
is the extra cost incurred by producing one more unit of a product or service.
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