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The video discusses the cost implications, emphasizing that the option is not significantly cheaper.

What is the primary focus of cost analysis?

• To complicate budgeting

• To ignore financial data

• To understand cost structures

• To increase expenses

Which of the following is a factor that can affect cost?

• Employee satisfaction

• Color of the product

• Weather conditions

• Market demand

How does market demand influence cost?

• It has no effect

• It decreases cost

• It only increases cost

• It can increase or decrease cost

What is the conclusion about cost-effectiveness?

• It is not related to cost analysis

• It depends on various factors

• It is rarely important

• It is always achievable

Why is understanding cost structures important?

• To make uninformed decisions

• To enhance financial planning

• To reduce transparency

• To increase complexity