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After reading this chapter, you should be able to:
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LO 1
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Use differential analysis to analyze decisions.
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LO 2
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Understand how to apply differential analysis to pricing decisions.
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LO 3
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Understand several approaches for establishing prices based on costs for long-run pricing decisions.
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LO 4
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Understand how to apply differential analysis to production decisions.
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LO 5
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Understand the theory of constraints.
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