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1:01
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Pareto Labs
Difference Between Fixed Costs and Variable Costs - 60 Second Breakdown
In this breakdown we're explaining the difference between fixed costs and variable costs in just 60 seconds. Fixed costs (also known as "overhead") are expenses you must pay regardless of how many units of product you sell. Examples include salaries, rent or lease, insurance, utilities, etc. Variable costs increase or decrease based on how many ...
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