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-In the above figure, the increase in autonomous expenditure moves the economy from point E to
Labour Charge
The amount paid for the work performed by employees or workers, typically based on hours worked or tasks completed.
Overhead Costs
Expenses related to the day-to-day running of a business that cannot be directly linked to a specific product or service.
Time Charge
A billing method where a service provider charges a client based on the amount of time spent on a particular task or project.
Time And Material Pricing
A pricing method where a project is billed based on the actual time spent and the materials used.
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