Explain Why Some Costs Are Considered to Be Variable and Some

question 123

Essay

Explain why some costs are considered to be variable and some fixed.How does time enter into the definition?

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Definitions:

Obsidian

A naturally occurring volcanic glass formed as an extrusive igneous rock, known for its sharp edges and used historically for making tools.

Tax Purposes

For tax purposes implies considerations or actions taken to comply with tax laws and regulations, often aimed at optimizing one’s tax liabilities.

Maya Record Keeping

The system used by the ancient Maya civilization for recording astronomical observations, historical events, and calendrical information using glyphs.

Glyphs

Symbolic characters or figures that convey specific meanings, often found in writing and art of ancient cultures.