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Personal space zones are smaller
Variable Expenses
Costs that fluctuate in direct proportion to changes in the level of activity or business operations, such as materials and labor.
Fixed Expenses
Costs that do not change with the level of production or sales activity, such as rent, salaries, and insurance.
Financial Advantage
An economic benefit or superiority that a person or entity holds, giving them a better position in financial transactions or comparisons.
Fixed Expenses
Expenses that remain constant regardless of the volume of goods produced or sold within a specific time frame, like lease payments or wage bills.
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