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Even when their performance and outcomes are on par with that of male counterparts,women in management positions are less confident entering into negotiations and are often displeased with their overall negotiation performance.
Variable Cost
Expenses in a business that change in proportion with the volume of production or sales, such as materials and labor costs.
Total Cost
Total Cost is the complete cost of production, including both fixed and variable costs.
Average Fixed Cost
The total fixed costs of production divided by the quantity of output produced, showing how fixed costs per unit change with output levels.
Marginal Cost
The cost of producing one additional unit of a good or service, considering the variable costs involved.
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