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Because resources are scarce, the opportunity cost of investment in capital is
Costs
Costs represent the monetary value required for the production of goods or services, including expenses related to materials, labor, and overhead.
Timeliness
The quality of occurring at a favorable or useful time, especially in the context of making decisions or taking actions without unnecessary delay.
Ethical Soundness
The quality of being morally correct and making decisions based on strong ethical principles and reasoning.
Ethical Standards
Guidelines that dictate the conduct considered acceptable and morally right in a professional or organizational setting.
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