Question: ABC Inc. is considering several alternatives: (1) purchasing a part that it currently produces, (2) manufacturing the part; and (3) outsourcing manufacturing. The manufacturing space

ABC Inc. is considering several alternatives: (1) purchasing a part that it currently produces, (2) manufacturing the part; and (3) outsourcing manufacturing. The manufacturing space could be rented if they decide to purchase the part or outsource it. If the management decides to continue manufacturing the part, the rental income represents a: opportunity cost. sudden cost. solvent cost. lost cost

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