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stars_and_moon stars_and_moon
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8 years ago
A developer has paid $50,000 to have a plot of land analyzed for its potential to build a housing development on.  The results of the analysis suggest that the total cost of building (not including the $50,000 paid for the analysis) would be $670,000 and the revenues from the development would be $700,000. Should you do the project?  Would your answer be different if the cost of having the analysis done was only $10,000?
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kingbykingby
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8 years ago
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#2
8 years ago
Perfectly answered Smiling Face with Open Mouth

Cheers
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#3
8 years ago
Yup, vote with confidence!
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