What is a variable cost for an insurance company? explain.

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Microeconomics

ISBN: 978-0133019940

11th edition

Authors: Michael Parkin

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Posted Date: Mar 12, 2024 11:33 PM

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What is a variable cost for an insurance company? explain.

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In the context of an insurance company a variable cost refers to expenses that fluctuate in direct proportion to the level of business activity or the ... View the full answer

Microeconomics

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