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Allowing employees more control over their own work and some of the supervisory responsibilities is known as
Variable Costs
Costs that change in proportion to the level of goods or services that a business produces.
Total Cost
The complete amount of money spent or investment made in acquiring an asset, including all associated expenses and fees.
Fixed Costs
Expenses that remain consistent regardless of production or sales volume, including rent, salaries, and insurance premiums.
Variable Costs
Expenses that vary depending on the amount of products or services a company generates.
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