Examlex
Whether a person plans to perform a behavior in question refers to ___.
Variable Costs
Costs that change in proportion to the goods or services that a business produces, such as materials and labor.
Total Cost
The costs, both explicit and implicit, of all the resources used by the firm. Total cost includes a normal rate of return for the firm’s equity capital.
Profitable
A financial status indicating that revenues exceed the costs and expenses associated with operating a business.
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