Examlex
__________ refers to reducing the workforce and elimination of many management jobs and other types of jobs,by using cost-cutting methods and technology,such as computers.
Costs
The expenditure incurred by a business in the process of producing or providing goods or services.
Variable Costs
Expenses that change in proportion to the activity of a business, such as materials and labor costs.
Quantity of Output
Refers to the total amount of goods or services produced by a company over a specific period.
Costs
The total expenses incurred by a business in producing goods or providing services.
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