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Which is true of the relationship between animal play and skill in "real world" situations?
Variable Costs
Costs that vary directly with the level of production or sales, such as materials and labor.
Fixed Costs
Costs that do not vary with the level of output or production, such as rent, salaries, and equipment costs.
Total Cost
The sum of all costs incurred in the production of goods or services, including fixed and variable costs.
Variable Costs
Costs that change directly in proportion to changes in the level of production or activity within a business.
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