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MARCH 3-9 VOCABULARY
By: Anna
PROTOTYPE
The original or model on which something is based or formed.
INVENTION
Anything invented or devised.
PATENT
The exclusive right granted by a government to an inventor to manufacture, use, or sell an invention for a certain number of years.
OPERATING COST
The expense of maintaining property.
FIXED COST
A cost unvarying with a change in the volume of business.
TAXES
A sum of money demanded by a government for its support or for specific facilities or services, levied upon incomes, property, sales, etc.