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Technically, to be called a ____, a device must convert digital signals (such as those used by a computer) to modulated analog signals (such as those used by conventional telephone lines) and vice versa.
Variable Costs
Costs that vary directly with the level of production or service provision.
Fixed Costs
Expenses that do not change with the level of goods or services produced over a short time.
Variable Costs
Expenses that change in proportion to the activity or production level of a business.
Fixed Costs
Expenses that remain constant for a period of time irrespective of the level of outputs, like rent, salaries, and loan payments.
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