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The common-sense understanding of sport as good for our health has been critiqued by sociologists because:
Fixed Cost
Costs that do not vary with the level of production or sales, such as rent, salaries, or property taxes.
Insurance Premiums
Payments given to an insurer for the purpose of securing protection against monetary losses from certain risks.
Variable Cost
Expenditures that adjust based on the volume of output or services provided by a business.
Hourly Wages
The amount of money paid to an employee for each hour of work performed.
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