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A manufacturing company decides to increase production, and must hire 75 new workers. To meet this staffing goal quickly, the company finds it necessary to

A manufacturing company decides to increase production, and must hire 75 new workers. To meet this staffing goal quickly, the company finds it necessary to increase wages for entry level workers by 8%. The rising labor costs from increasing production are an example of: a) erosion cost b) sunk cost c) working capital investment d) opportunity cost

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