VARIABLE EXPENSES Definition

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VARIABLE EXPENSES are those business expenses that usually fluctuate dependent upon production or sales volume. Contrast with FIXED EXPENSES.

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OPPORTUNITY COST OF REVENUE (OCOR) is where revenue/money held now may be invested to produce more money - thus we consider opportunity cost a return or more revenue.

PRIVATE CORPORATION is a corporation that ownership is held by the private sector, i.e. individuals or companies.

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