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Ryanteck Ryanteck
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Posts: 559
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7 years ago
If you own a building and you decide to use that building to open a book store,
A) there is an opportunity cost of using this building for a book store because it could have been used in other ways.
B) the only cost relevant to this decision is the price you paid for the building.
C) there is no opportunity cost of using this building for a book store because you own it.
D) there are no sunk costs involved in this decision.
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goldlilysgoldlilys
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Posts: 704
7 years ago
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Ryanteck Author
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7 years ago
Smart ... Thanks!
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Yesterday
this is exactly what I needed
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2 hours ago
Thank you, thank you, thank you!
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