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Fixed Costs
Fixed Costs are expenses that do not vary with changes in production level or sales volume, such as rent, salaries, and equipment leases.
Birthday Cakes
Custom-decorated or pre-made cakes that are often a central dessert at birthday celebrations.
Average Variable Cost
The cost per unit of output that varies with the amount of production, such as materials and labor costs.
Fixed Costs
Financial obligations that do not change with the level of production or output within a certain range.
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