Question: What makes a cost relevant for the decision making process? How can we use these relevant costs to make short run decisions? Please provide a

What makes a cost relevant for the decision making process? How can we use these relevant costs to make short run decisions? Please provide a detailed answer.

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What makes a cost relevant for the decision making process? How can we use these relevant costs to make short-run decisions? Please make at least 300 words - thank you!

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