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Abraham Kennard ran a Ponzi that targeted a tight network of Catholic Priests.
Total Costs
The complete sum of all expenses incurred by a business in producing goods or services, including both fixed and variable costs.
Labor
Represents the human effort, both physical and mental, used in the production of goods and services.
Rent
The payment made for the use of a property, such as land, a building, or an apartment, typically on a monthly basis.
Variable Costs
Costs that change in proportion to the level of goods or services that a business produces.
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