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Olfactory receptors cells send their action potentials through openings in the ethmoid bone, and synapse with neurons in the
Direct Manufacturing Cost
The sum of all direct costs associated with the production of goods, including labor and materials.
Relevant Range
The span of operations where the presuppositions regarding variable and fixed cost dynamics remain applicable.
Sunk Cost
Costs that have already been incurred and cannot be recovered, which should not affect future business decisions.
Marginal Cost
The cost incurred by producing one additional unit of a product or service.
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