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The LEAST significant factor contributing to the rate of aging is:
Total Revenue
The entire amount of income generated by the sale of goods or services related to the company's primary operations.
Variable Costs
Costs that vary directly with the level of production, such as materials and labor directly involved in manufacturing.
Fixed Costs
Fixed costs are business expenses that remain constant regardless of the level of production or sales, such as rent or salaries.
Profit-maximizing
The process of adjusting output and production levels to achieve the highest possible profits.
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