Examlex
Match each term with the correct definition.
-Has traits common to the opposite gender
Fixed Costs
Business expenses that remain constant regardless of the level of production or sales activity, such as rent, salaries, and insurance.
Average Costs
The total cost of production divided by the number of goods produced, reflecting the average expense per unit.
Variable Costs
Expenses that change in proportion to the activity of a business, such as costs for raw materials or production.
Shut Down
The process of ceasing operations, typically referring to temporarily or permanently closing a business or facility.
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