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Flood control is managed through special districts because
Variable Maintenance
Maintenance costs that fluctuate with the level of production or usage of equipment.
Fixed Maintenance
Scheduled or routine maintenance activities that incur costs regardless of the operational status of equipment.
Relevant Range
The range of activity within which the assumptions about variable and fixed cost behaviors hold true.
Variable Cost
Costs that change in proportion to the level of output or activity in a business operation.
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