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Jones Company currently has excess capacity in its factory. It is considering whether to begin producing and selling a new product or renting the space

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Jones Company currently has excess capacity in its factory. It is considering whether to begin producing and selling a new product or renting the space out to another company. Which of the following would be considered an opportunity cost of producing and selling the new product? Multiple Choice o The revenue given up by not renting the space to the other company O C) The foxed manufacturing cost of the new product. O The total manufacturing cost of the new product O The variable manufacturing cost of the new product

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