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Your analysis of special order pricing was very helpful in understanding how pricing decisions can impact a firm's profitability and the importance of distinguishing between
Your analysis of special order pricing was very helpful in understanding how pricing decisions can impact a firm's profitability and the importance of distinguishing between fixed and variable costs in decision-making. If Trevor's firm were operating at full capacity, how do you think the decision would change? The opportunity cost of accepting a lower-priced special order might be more significant, as it could displace regular orders at a higher price. I look forward to hearing your thoughts on this! Kind regards
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