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Which of the following statements is true for an unvented Trombe wall (heating only) ?
Fixed Costs
Expenses that do not change in proportion to the activity of a business, such as rent, salaries, and insurance.
Pretax Income
The amount of income earned by a business before paying income taxes.
Variable Costs
Expenses that change in proportion with the level of production or business activity, such as materials and labor directly involved in manufacturing.
Fixed Costs
Costs that remain constant for a set period of time, regardless of changes in the level of activity or volume of output.
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