Explain Why Some Costs Are Considered to Be Variable and Some

question 123

Essay

Explain why some costs are considered to be variable and some fixed.How does time enter into the definition?

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Definitions:

Buying Allowance

A promotional or pricing strategy where a temporary discount is offered to retailers or distributors for purchasing in large quantities.

Channel Intermediaries

Organizations or individuals that play an intermediary role in the distribution channel, facilitating the movement of goods from producers to consumers.

Subjective Evaluation

An assessment based on personal feelings, tastes, or opinions rather than external facts or principles.

Product Offering

The entirety of goods and/or services that a company provides to its customers, including all features, benefits, and market positioning.