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The Opportunity Cost of Making a Component Part in a Factory

question 88

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The opportunity cost of making a component part in a factory with excess capacity for which there is no alternative use is:


Definitions:

Elbow

The joint connecting the forearm to the upper arm, allowing for the flexion and extension of the forearm.

Olecranon Fossa

A large, shallow depression on the posterior side of the humerus, accommodating the olecranon of the ulna during arm extension.

Lateral Bone

is not a recognized specific anatomical term for a single bone; the term may refer to any bone located on the side part of a body or limb. NO.

Forearm

The part of the arm located between the elbow and the wrist; it contains two major bones, the radius and ulna.

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