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The term differential cost refers to a b a difference in cost between any two alternatives. the potential benefit forgone by selecting one alternative instead

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The term differential cost refers to a b a difference in cost between any two alternatives. the potential benefit forgone by selecting one alternative instead of another a cost which does not entail any dollar outlay but which is relevant to the decision-making process. a cost which continues to be incurred even though there is no activity. d

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