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Netflix Inc. plans to produce original content for its streaming platform. Discuss the process of developing a flexible budget considering variable costs of $100,000 per


Netflix Inc. plans to produce original content for its streaming platform. Discuss the process of developing a flexible budget considering variable costs of $100,000 per episode and fixed costs of $2,000,000 per season. Explain the importance of budgeting in managing production costs amidst fluctuating viewer demand.

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