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The device shown is known as a
Variable Cost
Expenses that change in proportion to the activity or production level of a business; for example, costs for raw materials that increase as more goods are produced.
Rent
A payment made periodically by a tenant to a landlord in exchange for the use of land, a building, or another property.
Fixed Costs
Costs that do not change with the level of output in the short term, such as rent, salaries, and insurance.
Variable Costs
Costs that vary directly with the level of production, such as materials and labor.
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