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The offense of theft involves a person unlawfully appropriating property with intent to deprive the owner of property.Identify the four ways in which property may be appropriated in an unlawful manner and briefly explain each way.
Marketing Cost
Expenses associated with promoting and selling a product or service, including advertising, market research, and distribution costs.
Economic Costs
The total cost of choosing one action over another, including both explicit costs and opportunity costs.
Accounting Costs
Costs that are recognized in the financial statements and involve actual cash flow, such as salaries, rent, and materials.
Implicit Costs
Costs that are not directly paid out or incurred in money but represent the opportunity cost of using resources owned by the firm for its own production instead of renting them out or selling.
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