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Marginal Cost
The augmentation in complete financial commitment resulting from the manufacture of one more unit of a good or service.
Fixed Costs
Costs that remain constant regardless of production or sales volume, including rent, salaries, and insurance fees.
Birthday Cakes
Bespoke or pre-made cakes specifically designed and decorated for celebrating someone's birthday.
Marginal Cost
The escalation in expenses resulting from the creation of one additional unit of a product or service.
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