Figure 22-10
-Figure 22-10 shows the effect on the market for disk drives of a(n)
Definitions:
Avoidable Costs
Costs that can be eliminated if a particular decision is made, such as discontinuing a product line.
Irrelevant Costs
Costs that will not be affected by a decision and therefore should not be considered when making that decision.
Asset
Resources owned or controlled by a business that are expected to provide future economic benefits.
Original Cost
The initial price paid or cost of acquisition of an asset, before any depreciation, amortization, or impairment costs are deducted.
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