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Jacob owns a phone repair shop that is open 6 hours a day. He is considering the idea of having his shop remain open 1

Jacob owns a phone repair shop that is open 6 hours a day. He is considering the idea of having his shop remain open 12 hours a day, but he realizes that the success of this plan may be affected by the changing hours of his competitors. Jacob is taking into account the principle.
interdependence
marginal
cost-benefit
opportunity cost
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