Last year, you purchased land to build a retail store. You paid

$20

million for the land, but you haven't built a retail store on the land yet. Another business has now offered

$8

million for the land and that is the highest price your business should now be able to get for the land. Which of the following costs is relevant for your decision as to whether or not you should build a retail store on the land?\ Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer.\ a

$8

million\ $12 million\ $20 million\ d

$28

million

Last year, you purchased land to build a retail store. You paid $20 million for the land, but you haven't built a retail store on the land yet. Another business has now offered \$8 million for the land and that is the highest price your business should now be able to get for the land. Which of the following costs is relevant for your decision as to whether or not you should build a retail store on the land? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a \$8 million b \$12 million $20 million $28 million