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In a steam engine,steam at 140°C in a turbine does work on an external system,and the steam leaves the turbine at 100°C.The efficiency of the steam engine is 5%.The relevant physical principle is
Differential Revenue
The difference in revenue generated from two different business decisions, often used in managerial accounting to assess alternatives.
Opportunity Cost
The cost of an alternative that must be forgone in order to pursue a certain action or the benefits you could have received by taking an alternative action.
Opportunity Cost
The cost of forgoing the next best alternative when making a decision, representing potential benefits missed.
Differential Revenue
The additional revenue that is generated from choosing one alternative over another in decision-making processes.
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