Examlex
Match each of the following terms with their correct description from the items listed below.* Each term may be used more than once, and it is possible that one or more of the classifications may not be used at all.
-The difference in total cost between the alternatives in a decision
Outside Supplier
An external entity that provides goods or services to another company, often used in the context of manufacturing or production.
Variable Cost
A cost that varies in direct proportion to changes in the level of production or sales volume, such as materials and direct labor.
Financial Advantage
A benefit or gain in financial terms, often seen as an upper hand in economic dealings or investments.
Variable Costs
Expenses that vary directly with the amount of activity or output in a company.
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