Examlex
The backing strip should be ____ longer than the base plates to serve as startup and runoff tabs for the weld.
Variable Cost
A cost that changes in proportion to the level of activity or volume of output in a business.
Wages
Payments made to workers for their labor, usually calculated on an hourly, daily, or piecework basis.
Salaries
Salaries refer to the regular payments made by employers to employees, typically on a monthly or bi-weekly basis, in exchange for their labor or services.
Shutting Down
A short-term decision by a firm to cease production due to market conditions, typically when revenue does not cover variable costs.
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