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One group-based judgment forecasting method is called the nominal group technique.Explain how it works.
Variable Costs
Expenses that change in proportion to the activity of a business, such as the cost of raw materials or production volume.
Total Revenue
The amount of money generated from sales of goods or services before any expenses are subtracted.
Variable Costs
Costs that change in proportion to the level of production or sales activities of a business.
Fixed Costs
Business expenses that remain constant regardless of the level of goods or services produced.
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