SEMIVARIALBLE COST is one that varies with changes in volume, but, unlike variable cost, does not vary in direct proportion. This component contains both fixed and variable elements, e.g., a rented vehicle may have a rental fee (fixed), but contain a mileage adder (variable).
LIVRE is a currency of Lebanon
RETURN ON RATE BASE is the ratio of net operating income earned by a utility, calculated as a percentage of its rate base.
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