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An Example of a Discretionary Cost for a Firm That

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An example of a discretionary cost for a firm that manufactures furniture is:


Definitions:

Price

The amount of money expected, required, or given in payment for something.

Hardware

The physical components of a computer system, such as the CPU, memory devices, and input/output devices.

Software

A set of computer programs that enable the hardware to process data.

GUI

Graphical User Interface, a human-computer interface that allows users to interact with electronic devices using graphical icons and visual indicators.

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