Examlex
What objectives do businesses cite for making sports consumption decisions?
Mixed Costs
Expenses that have both fixed and variable components, changing with the level of production or sales activity but not in direct proportion.
Differential Costs
The difference in cost between two alternative decisions or changes in levels of operation.
Variable
An element that can change or vary, often used in mathematical modeling, programming, and statistical analysis to represent changeable data.
Committed Fixed Costs
Long-term fixed costs that cannot be easily altered in the short term, such as leases, insurance, and salaries for permanent staff.
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