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How Did ISI Contribute to Informality in Latin America

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How did ISI contribute to informality in Latin America?


Definitions:

September

In the Gregorian calendar, it is the month that falls ninth in the sequence.

Variable Cost

Expenses that change in proportion to the level of production or sales activity.

Units Sold

The total quantity of goods that have been purchased by customers during a specific time period.

Fixed Manufacturing Cost

Expenses that do not change with the level of production, such as rent, salaries, and equipment maintenance.

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