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Natasha2012 [34]
3 years ago
14

Differentiate between fixed costs and variable costs in the production process? ​

Social Studies
1 answer:
AlladinOne [14]3 years ago
4 0

Answer:

Variable costs vary based on the amount of output produced. Variable costs may include labor, commissions, and raw materials. Fixed costs remain the same regardless of production output. Fixed costs may include lease and rental payments, insurance, and interest payments

Explanation:

Hoped I helped

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