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Cost-Volume-Profit Analysis and Tactical Decision Making and Relevant Analysis

Provide, in your own words, a paragraph that is a minimum of four (4) sentences long for each topic below. The posting paragraph must inform or even teach the reader about the concept they found interesting in their own words.
* Cost-volume-profit (C V P) analysis.
* Using Operating Income in Cost-Volume-Profit Analysis. 
* Break even point in units.
* Short run decision making.
* Opportunity cost.
* Sunk Cost.