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A company has monthly fixed costs of $96,000. The variable costs are $8.00 per unit. If the sales price of a unit is $14.00 and we sell 8000 units, the company's total variable costs will be
Per Capita GDP
Gross Domestic Product per person, a measure of a country's economic output that accounts for its population.
Population
The total number of individuals inhabiting a specific area or country.
Consumption
The use of goods and services by households. It is the largest component of aggregate demand in an economy.
Underground Economy
Economic activities that occur outside of government regulation and taxation, including both illegal activities and unreported income from legal work.
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