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A small and diverse group meets to brainstorm ways they can raise money for a new theater group and establishes no suggestions are off-limits.In what type of thinking is the group engaged?
Incremental Cost
The additional cost associated with manufacturing one more unit of product or providing an additional service.
Variable Cost
Costs that vary directly with the level of production or business activity, such as materials and labor used in production.
Fixed Cost
Costs that do not change with the level of output or sales, such as rent, salaries, and insurance premiums.
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