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A deed is not effective to transfer title to land until delivery.
Variable Cost
Costs that change in proportion to the level of production or sales activity of a business.
Total Cost
The overall expense incurred in the production of goods or services, including both fixed and variable costs.
Fixed Cost
Expenses that do not change with the level of production or sales, such as rent, salaries, or insurance premiums.
Variable Cost
Costs that change in proportion to the level of production or business activity, such as raw materials or hourly labor.
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