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Alternative Courses
Different options or paths that can be taken in decision-making situations, often evaluated for potential outcomes.
Unprofitable Product Line
A series of related products that do not generate expected profits, often identified through financial analysis for potential discontinuation.
Total Variable Costs
The sum of all costs that vary with production output, including materials and labor.
Total Fixed Costs
The sum of all costs that do not change with the level of production or sales activities within a certain range or period.
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