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Which of the following statements about Tinashe and Tinotenda Mufuka is FALSE?
Differential Revenue
The difference in revenue expected from two different business decisions or scenarios, often considered when evaluating options.
Variable Costs
Costs that vary in total dollar amount as the level of activity changes.
Short-Run Price
The price level of goods or services in a market that is determined over a short period, where some costs can be considered fixed.
Special Price
A discounted rate offered for a product or service outside of its standard pricing.
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