Examlex
The brakes in a car work because of
Total Fixed Cost
the sum of all costs that remain constant regardless of the level of production or business activity.
Weekly Cost
Expenses calculated on a weekly basis, tracking the regular outflow of cash for operations or living expenses.
Total Costs
The sum of all expenses incurred by a business in the production of goods or services, including fixed and variable costs.
Output
The amount of goods or services produced by a company, industry, or economy within a specified period.
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