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What is Variable Cost

Perspectives on Blockchain Technology and Responsible Investing
The accounting term variable cost is used to explain the schedule expenses of the project in the chapter. This cost changes regularly or less than a year (i.e., energy expenses because this cost will increase or decrease depending on the energy used).
Published in Chapter:
Sustainable Approaches of Blockchain Tech, Artificial Intelligence, and Climate Finance in the 4&5IR: Low Emission Technologies and Economy
Amitab Bhattacharjee (Sophia University, Japan) and Vikram Bansal (Jawaharlal Nehru University, India)
Copyright: © 2023 |Pages: 32
DOI: 10.4018/978-1-6684-8361-9.ch004
Abstract
Save the green and live in the green should be the mottos of the modern high-tech world. Industry 4.0 introduces the most advanced automated technologies, but many of them cause high CO2 emissions around the globe that need strong compelling force because any catastrophic changes in the climate causes dreadful vandalization in the economy and society. This chapter discusses the climate-friendly economic and low-emission technological developments in the 4IR and 5IR by using the practical-sense mechanism. Reading this chapter will therefore increase the knowledge of blockchain technology (BT), artificial intelligence (AI), and climate finance in the low carbon economic sustainability. Furthermore, the proposed green development themes (i.e., hybrid green city and industrial layout, hybrid low emission agriculture farm) affirms the sustainable low carbon economic developments in the forthcoming Industry 5.0. Finally, the strategic recommendations will assist in developing the low carbon economy with the perfection of BT, AI, and global climate finance in the world.
Full Text Chapter Download: US $37.50 Add to Cart
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Competition, Regulation and Broadband Diffusion in New Zealand
A cost that increases in direct proportion to the number of units produced (suppliers) or consumed (consumers).
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Budgeting as a Tool for Sustainable Development
It is a cost item which has a positive correlation between production volume and total cost. Although unit variable cost remains same, total variable cost increases with respect to increases in production.
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