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I need help with this, thank you 1. Consider and respond to the following: 1. What is the difference between the terms incremental cost, opportunity

I need help with this, thank you

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1. Consider and respond to the following: 1. What is the difference between the terms "incremental cost", "opportunity cost", and "sunk cost"? How are these terms related to decision-making? 2. What is a constraint (i.e. bottleneck)? Give an example. 3. How do managers use constrained resources to maximize profits? 4. What does the term "relaxing or elevating a constraint" mean

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