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Tex's Manufacturing Company can make 100 units of a necessary component part with the following costs: If Tex's Manufacturing Company purchases the component externally, $20,000 of the fixed costs can be avoided. At what external price for the 100 units is the company indifferent between making or buying?
Deontology
An ethical theory that emphasizes duty and rules over the outcomes of actions.
Hedonism
A philosophical theory or approach that argues that pleasure and happiness are the primary or most important intrinsic goods and the aim of human life.
Pragmatism
A philosophical approach that assesses the truth of meaning of theories or beliefs in terms of the success of their practical application.
End Result
The final outcome or conclusion of a process or a series of actions.
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