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Determine the price impacts of resulting revenues, costs, and operating income using information from the spreadsheet. Include the following: What would the resulting revenues, costs,
Determine theprice impactsof resulting revenues, costs, and operating income using information from the spreadsheet. Include the following:
- What would the resulting revenues, costs, and operating income be?
- Defineopportunity costs, and explain how those, along with budget constraints, such as acquiring more staff or equipment, might affect pricing decisions.
- How do overhead and other fixed and sunk costs affect pricing decisions?
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