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1. Relevant Range a. What is it ? b. Why is it important? 2. Cost Behavior a. What is it? b. Why is it important?

1. Relevant Range

a. What is it ?

b. Why is it important?

2. Cost Behavior

a. What is it?

b. Why is it important?

3. Opportunity Cost

a. What is it?

b. Why is it important?

4. Sunk Cost

a. What is it?

b. Why is it important?

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1 Relevant Range a The relevant range refers to the range of activity or level of output within which assumptions about costs and their behavior are v... blur-text-image

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