Define the Following Terms

question 27

Short Answer

Define the following terms
-historical research

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Definitions:

Drones

Unmanned aerial vehicles (UAVs) that are either operated by remote control or autonomously by computers.

Total Variable

The total of all variable costs associateed with the production of goods or services.

Total Fixed

All expenses that are unchanged irrespective of the volume of production or output combined.

Total Variable Costs

The sum of expenses that vary directly with the level of production or sales volume.