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Which one of the following systems responds fastest to environmental stimuli?
Production Increases
The rise in the number of goods and services produced by a company or country, often indicative of economic growth.
Variable Costs
Costs that vary directly and proportionally with the level of production or sales volume, such as raw materials and direct labor costs.
Fixed Costs
Charges that stay the same, no matter the production or sales figures, such as rental fees, employee salaries, and insurance premiums.
Variable Utilities Cost
Expenses for utilities such as electricity and gas that vary in proportion to a company’s level of operation or production activity.
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