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Mateer & Coppock (our course textbook). In the following table, estimate both the monetary cost and the opportunity cost ofa decision that your workplace has
Mateer & Coppock (our course textbook).
In the following table, estimate both the monetary cost and the opportunity cost ofa decision that your workplace has encountered. Complete the un-shaded cells in row 2.
Row # | Activities/Costs | Monetary Cost (in dollars) | Opportunity Cost of Paving the Parking Lot (forgone opportunities) |
1 | Example: Pave Parking Lot | $250,000 | Installing solar panels to generate electricity for workplace. |
2 | [Your turn. Yes you, the student, fill in this row with a decision that your workplace has encountered.] |
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