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A firm spends $ 50,000 on research assessing whether to start a project. Which of the following is correct? A. The firm shouldn't include it

A firm spends $ 50,000 on research assessing whether to start a project. Which of the following is correct?

A. The firm shouldn't include it because it's a sunk cost

B. The firm should include it in calculating the initial investment outlay

C. The firm shouldn't include it because it's an opportunity cost

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