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Which of the following statements are true? Differential costs can only be variable. The potential benefit that is given up when one alternative is selected

Which of the following statements are true?
Differential costs can only be variable.
The potential benefit that is given up when one alternative is selected over another is called a sunk cost.
The amount that a manufacturing company could earn by renting unused portions of its warehouse is an example of an opportunity cost.
Only statement 1 is true.
Only statement 2 is true.
Only statement 3 is true.
All statements are true.

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