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In Defender of The Peace , Marsiglio of Padua took the position that
Fixed Costs
Fixed costs are business expenses that remain constant regardless of the level of production or sales, such as rent, salaries, and loan payments.
Fixed Operating Expense
Financial obligations that stay the same irrespective of production or sales figures, encompassing rental charges, payroll, and insurance premiums.
High-Low Method
An accounting technique used to estimate the fixed and variable components of a cost based on the highest and lowest activity levels.
Least-Squares Regression
A statistical method used to determine the line of best fit by minimizing the sum of the squares of the vertical distances of the points from the line.
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