Examlex
A wave front is not a surface of constant phase within a wave.
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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