Examlex
Terry is adding shapes and lines to enhance his Word document. Terry knows that shapes, curves, and lines are ____.
Variable Costs
Costs that change in proportion to the activity or volume of business, such as materials and labor.
Total Costs
The complete cost of production of goods or services, which includes both fixed and variable costs.
Revenues
The total income generated by a company from its business activities, typically from the sale of goods and services before any expenses are deducted.
Total Variable Cost
The total variable cost is the sum of all variable expenses that change in proportion to the volume of output or production.
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