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Explain why some costs are considered to be variable and some fixed. How is time related to variable and fixed cost?
Representative
An individual or entity appointed to act on behalf of another, often in sales, customer service, or legislative circumstances.
Chatter Telephone
A classic pull toy introduced by Fisher-Price in 1962 featuring a smiling face and a rotary dial that rings.
Noisemaker
An object or device that produces a loud or surprising sound, often used for signaling or celebration.
Product Hypotheses
Assumptions made about a product's potential market success or performance, which are tested through market research and analysis.
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