Examlex
Give an example of interval data that can also be treated as ordinal data and nominal data.
Opportunity Cost
The loss of potential gain from other alternatives when one alternative is chosen.
Car Dealership
A business that sells new or used cars at the retail level, typically based on a dealership contract with an automaker or its sales subsidiary.
Benefits
The advantages or positive outcomes gained from a product or action.
Sunk Cost
Costs that have already been incurred and cannot be recovered, which should not affect future investment or business decisions.
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