_____ is the cost needed to own a product,consisting of initial purchase cost and follow-up maintenance/service cost.

Name: _____ is the cost needed to own a product,consisting of initial purchase cost and follow-up maintenance/service cost.
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Question

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Total cost of ownership includes the initial purchase price as well as any maintenance or service costs that may be required over time. This is important to consider when making purchasing decisions, especially for expensive items like cars or technology.

_____ Is the Cost Needed to Own a Product,consisting of Initial