The cost that represents the difference in total costs between two alternatives is the:

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The difference in total costs between two alternatives is known as incremental cost. It is the additional cost that is incurred when a company chooses one option over the other. Sunk costs are costs that have already been incurred and cannot be recovered. Direct costs are costs that can be directly attributed to a specific product or service. Opportunity costs refer to the potential benefits lost when choosing one alternative over another.

The Cost That Represents the Difference in Total Costs Between