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In negotiation, partners alternate between self-assertion and:
Cost Estimates
A predictive calculation of the anticipated expenses for a project or production, used for budgeting and planning purposes.
Marginal Cost
The cost of producing one additional unit of a product or service.
Relevant Range
The range of activity or volume in which the assumptions about fixed costs and variable costs are valid.
Variable Cost
Costs that fluctuate with the level of output, such as materials and labor directly involved in production.
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