Explanation:
Single displacement reaction is defined as the reaction in which more reactive element displaces a less reactive element from its chemical reaction. The reactivity of metal is determined by a series known as reactivity series. The metals lying above in the series are more reactive than the metals which lie below in the series
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.
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