Examlex
Microsoft _________________________ is a software program you can use to capture and store information from various places and keep it neatly organized.
Fixed Cost
Costs that do not change with the amount of goods or services produced, such as rent, salaries, and loan payments.
Variable
A variable represents any quantity, factor, or feature that can vary or change in mathematical modeling, statistics, and scientific experiments, influencing results or outcomes.
Output
Refers to the total amount of goods or services produced by an individual, company, or economy.
AVC
Average Variable Cost, the total variable costs divided by the quantity of output produced.
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