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Choosing to outsource a component of a product or manufacture it internally is an example of a(n): (Choose one of the following) Opportunity cost. Period
Choosing to outsource a component of a product or manufacture it internally is an example of a(n): (Choose one of the following)
Opportunity cost. | |
Period cost. | |
Sunk cost. | |
Out-of-pocket cost. Fixed cost. |
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