Examlex
What is the smallest unit of meaning in a language
Variable Costs
Expenses that change in proportion to the activity of a business, such as costs for raw materials or production.
Fixed Costs
Expenses that do not vary with the level of production or business activity within a certain range.
Price Elastic
A measure of how much the demand for a product or service changes in response to a change in its price.
Sales Volume
The number of units of a product or service sold by a company in a specified period.
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