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Opportunity costs is defined as the contribution to operating income that is forgone by not using a limited resource in its next-best alternative use the
Opportunity costs is defined as the contribution to operating income that is forgone by not using a limited resource in its next-best alternative use the cost of manufacturing a one-time-only special order when a firm has excess capacity to make more products the sum of variable and fixed costs in all business functions of the value chain, such as manufacturing costs or marketing costs the sum of variable and fixed costs in a particular business function of the value chain, such as manufacturing costs or marketing costs
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