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What is meant by the concept of a "coordination failure" in macroeconomics?
Costs Of Quality
The cost associated with controlling quality (prevention and appraisal) and failing to control quality (internal and external failure).
Prevention Costs
Expenditures made to avoid defects in products or inefficiencies in services, part of quality control measures.
Value-Added
The enhancement a company gives its product or service before offering the product to customers, increasing the product's value.
Value-Added
The enhancement a company gives its product or service before offering the product to customers.
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