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When immigrants, such as the Dominicans in New York City, help bring in and settle relatives and friends, this process is called
Variable Cost
Costs that vary directly with the level of production or output, such as raw materials and direct labor expenses.
Total Cost
The complete cost of production that includes both variable and fixed expenses.
Marginal Cost
The financial outlay required to produce an additional single unit of a product or service.
Variable Cost
Costs that change in proportion to the level of goods or services that a business produces, such as materials and labor.
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