In: Economics
I AM POSTING MY QUESTION 12TH TIME PLEASE PROPER EXPLAIN THE FOLLOWING TERMS WITH EXAMPLES
1) INCREMENTAL COST
2) OPPORTUNITY COST
3) SUNK COST
4) RECURRING AND NON-RECURRING COST
5) FIXED , VARIABLE, TOTAL COST
6) AVERAGE AND MARGINAL COST
7) ENGINEERING COST AND COST ESTIMATING
PLEASE DEFINE ALL THESE THINGS WITH PROPER EXAMPLES I AM PREPARING FOR MY FINAL WHICH IS TOMMOROW