Avoidable costs are often a good approximation of the relevant costs between alternatives.

Name: Avoidable costs are often a good approximation of the relevant costs between alternatives.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Avoidable costs are those that can be eliminated if a particular decision is made. Therefore, they are often a good approximation of the relevant costs when comparing alternatives, as they directly relate to the decision at hand.

Avoidable Costs Are Often a Good Approximation of the Relevant