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In business, there are two common types of expenses: variable and fixed. Variable expenses are those which change as production changes, whereas fixed charges are usually the same regardless of the amount produced in the short term.
Some examples of variable expenses for a packaged goods company:
-The cost of the product (raw materials, packaging)
-Labor and conversion costs at the factory (the more you produce the more labor will be required)
-Overheads at the factory (the more you produce, the more water and electricity you will use)
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What is variable and example of variable?
An variable in science something that can be changed and example is facts and figures .
Is temperature an example of continuous variable?
Yes. It is a continuous variable. As used in probability theory, it is an example of a continuous random variable.
What Variable in algebra?
A variable in algebra is an unknown quantity as for example in the term 5y the variable is y
Whats a Dependent Variable?
A dependent variable is simply a variable (for example: y) whose value depends on that of another.
What is the meaning of the word variable?
Variable means something that changes. X, for example, is a variable, as it can be many different numbers.
What is a fixed expence and give one example?
Insurance answer for A+LS
What is an expence budget?
An expence budget is how much something costs
What is variable and example of variable?
An variable in science something that can be changed and example is facts and figures .
Is temperature an example of continuous variable?
Yes. It is a continuous variable. As used in probability theory, it is an example of a continuous random variable.
Is the variable of x an example of abstract representation?
is the variable of x an example of abstract representation
What Variable in algebra?
A variable in algebra is an unknown quantity as for example in the term 5y the variable is y
How do you write variable in a sentence?
Here is a example. "I wrote variable in a sentence."
What is a non example of independent variable?
dependent variable
What is the independent variable of a variable?
Just the number, for example: 7x the variable is 7. The variable is the number without the variable(x,y,z, etc.)
What id a variable?
A variable is a symbol the represents another number. Example: 2y - 5y Y is the variable.
How do you form a differential equation?
You write an equation that involves an independent variable (for example "x"), a dependent variable (for example "y"), and the first derivative, or higher-level derivatives, of the dependent variable (for example, dy/dx).
What is a example of controlled variable?
A controlled variable is a setting where the dependent variable is not controlled by the independent variable. For example, if you were trying to measure the rate of movement in an organism in highly salty concentrations, a controlled variable would include the organism in an environment with no salt at all.
