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Use your text book and other sources and in 400 or more words explain the following terms and give at least one example for each.

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Use your text book and other sources and in 400 or more words explain the following terms and give at least one example for each. 1- Opportunity Cost 2- Outlay Cost 3- Differential cost and revenue 4- Incremental cost and revenue 5- Avoidable costs 6- Unavoidable costs 7- Common costs 8- Book Value 9- Sunk Costs 10- Inventory Turnover 11- Joint Products 12- Split-Off Point 13- Separable Costs 14- Joint Costs Please include references if you are using sources other than your text book

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