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Which is NOT true of semantic memory?
Mixed Cost
Expenses that have both variable and fixed components, varying with the level of production or sales to some degree.
Relevant Range
The range of activity or production level within which the assumed cost behavior patterns are valid, typically influencing fixed and variable costs.
Variable Costs
Costs that change in proportion to the level of production activity or volume, such as materials and labor directly involved in production.
Fixed Costs
Expenses that remain constant regardless of production or sales volume in the short term, like lease payments or wages.
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