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Is it true or false that a cost that will not be affected by later decisions is termed an opportunity cost?

A cost that will not be affected by later decisions is termed a sunk cost.


1 Explicit cost and Implicit cost are the two dimensions of cost What role does cost play in financial decisions?

Explicit cost and Implicit cost are the two dimensions of cost What role does cost play in financial decisions?


What are termed as netbooks?

netbooks have smaller screens and are PCs. They cost less but are not as good as a notebook.


Why is it important that decision makers in a corporation know the cost function for producing the companies' products?

Decision makers should know a product's cost function if their decisions affect the amount of product produced. To know the cost impact of their decisions, decision makers apply the cost function to each possible volume of production. This is important in many decisions, such as pricing decisions, promotion and advertising decisions, sales staff deployment decisions, and many more decisions that affect the volume of product that the company produces.


Which cost is taken into considerationfor make or buy decisions?

total cost


Technology that is characterized by high initial cost and low operating costs is termed?

capital-intensive.


How did cost-benefit analysis help traders make decisions about business?

Cost-benefit analysis helped traders make decisions about business by letting them decide if things were at too high of a cost to trade. Cost-benefit analysis helped traders make decisions about business by letting them decide if things were at too high of a cost to trade. Cost-benefit analysis helped traders make decisions about business by letting them decide if things were at too high of a cost to trade. Cost-benefit analysis helped traders make decisions about business by letting them decide if things were at too high of a cost to trade.


What is the use of differential cost in managerial accounting?

Differential cost is the difference between the cost of two alternative decisions, or of a change in output levels. The concept is used to reach decisions about which alternatives to pursue, and which to drop.


What is development at a cost?

While paying fees at public utility services,the same can be regarded as development at a cost. When the same is availed of free of charges, that can not be termed as above.


What are the significance of cost of capital?

capital budgeting decisions


Significance of cost of capital in financial decision making?

capital budgeting decisions capital structure decisions


How you say very expensive?

An item which shows its value above the cost of living expenditure is termed as very expensive.