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Mairoon Mairoon
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Posts: 850
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7 years ago
The Nifty Gum Co. has purchased a large parcel of land for $1 million. The company recently discovered that the land is contaminated and is worthless to all possible buyers. The opportunity cost of the land is
A) $0.
B) $1 million.
C) some amount greater than $0 but less than $1 million.
D) equal to the cost of the factory that was planned to be built there.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
Read 84 times
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Replies
wrote...
7 years ago
A
Mairoon Author
wrote...
6 years ago
Perfect
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