Examlex
Which of the following is an example of a variable cost for a producer?
Creative Ideas
Novel and valuable thoughts or concepts generated to solve problems or create new opportunities.
Innovation
Innovation is the process of creating new ideas and putting them into practice.
Low Tolerance
A limited capacity to accept or endure differences, challenges, or adverse conditions, which can impact personal interactions and decision-making.
Cannibalize
In business, refers to a situation where a company's new product or service takes away sales from its existing offerings.
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