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Choose the one alternative that best completes the statement or answers the question.
Graph the inequality.
Customer Relations
Customer Relations involve the strategies and techniques that businesses use to maintain and enhance interactions and relationships with their customers.
Opportunity Cost
The cost of forgoing the next best alternative when making a decision, representing the benefits one could have received by taking a different action.
Household Production
Economic activities and tasks performed within the home, such as cooking and cleaning, contributing to the family's welfare but not counted in formal GDP.
Sunk Cost
Expenses already paid that cannot be retrieved and should not affect upcoming business choices.
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