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_____ utilize(s) a comprehensive planning process to move a situation from an unsatisfactory to a desirable condition.
Profit
The financial gain realized when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity.
Variable Cost
A cost that depends on the level of production chosen.
Marginal Revenue
The incremental gain in revenue achieved by a company for selling an additional unit of product or service.
Marginal Cost
The additional cost incurred by producing one more unit of a good or service, a critical concept for economic analysis and decision-making.
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