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Jury instructions:
Fixed Costs
Expenses that do not change with the level of production or sales, such as rent, salaries, or insurance premiums.
Variable Cost
Costs that vary directly with the level of production or sales volume, such as materials and labor.
Target Profit
The desired level of profit a company aims to achieve within a specific time frame.
Variable Costs
Costs that change in proportion to the level of goods or services that a business produces.
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