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A trucking business is considering whether to give up its local delivery routes or to expand its long haul (over 100 miles) operations. In this

A trucking business is considering whether to give up its local delivery routes or to expand its long haul (over 100 miles) operations. In this decision, the wage costs of the additional drivers that will have to be hired for the long haul operations can best be described as a(n): (Points : 3)

opportunity cost. administrative cost. sunk cost. differential (incremental) cost

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