Examlex
Citizens attitude, lack of rootedness, and the failures of political parties to mobilize voters are reasons cited for __________.
Fixed Cost
A fixed cost is an expense that does not change with the level of goods or services produced by a business, such as lease payments or insurance premiums.
Sunk Cost
A sunk cost is a past expense that has already been incurred and cannot be recovered. Businesses cannot alter these costs with future decisions.
Uncontrollable Cost
Expenses that cannot be changed or influenced by the actions of a particular department or manager.
Incremental Cost
The additional cost associated with producing one more unit of a product or service.
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