finance-Compare incremental costs and avoidable costs.

QUESTION

“Understanding Costs” Please respond to the following:Compare incremental costs and avoidable costs. Incorporate the impact each has on prices in your response. Provide specific examples to support your comparison.Evaluate the best way for a small business (e.g., a dry cleaner, local café, housekeeping services) to handle a noticeable cost increase from a supplier, such as higher delivery costs due to an increase in fuel.

ANSWER:

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