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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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