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Hlengiwe has just learned to talk and often says things like 'I want it', 'Come here', or 'Where did he go?' Hlengiwe is exhibiting
Variable Cost
A cost that varies with the level of output.
Total Expense
The sum of all expenses incurred by a business or individual within a specific time period, including both fixed and variable costs.
Level Of Activity
A measure of the amount of output or work done by a business or manufacturing process.
Cost Behavior
The way in which a cost reacts to changes in the level of activity.
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