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What are the five conditions named in the text that support yield management from an operational perspective?
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Marginal Analysis
An approach in economics that examines the effects of adding to or subtracting from the current situation.
Cell Phones
Portable electronic devices used for communication, internet browsing, and multimedia playback.
Total Profit
The total income a business earns after paying all costs and expenses.
Marginal Cost Curve
A graphical representation showing how the cost to produce one additional unit of a good changes as the production level increases.
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