Explain a situation you have observed (or read about) in which a
firm made a decision...
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Economics
Explain a situation you have observed (or read about) in which afirm made a decision considering irrelevant costs or did notconsider relevant costs. What was the outcome of the decision, andwhat could have been done differently?
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The costs which are associated with production units or operating are relevant cost direct material cost lubricants supervisor salary etc The costs which are not associated with a particular operation but associated with
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