Examples of fixed costs include equipment costs and salaries; while variable costs include costs of materials and transportation costs.
<h3>What is "cost"?</h3>
In a company, costs include all the money that has to be paid for the company to offer a product or service.
<h3>What is the difference between a variable cost and a fixed cost?</h3>
Variable costs can vary or change depending on the number of units produced; on the other hand, fixed costs are constant.
<h3>What are some fixed and variable costs?</h3>
Fixed costs:
- Equipment cost.
- Interests on a debt.
- Salaries.
Variable costs:
- Cost of materials such as metal or wood.
- Transportation and packaging costs.
Learn more about costs in: brainly.com/question/15135554
Answer:
Attached
Explanation:
The equation given is;
3y-7=0
3y=7
y=7/3
Using a graph tool to plot the equation , the graph will be as attached;
Answer:
Jacob is younger than his brother, but older than his sister.