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Question 1 Sunk and opportunity costs. Mr . Assam has taken out a lease on a shop and paid a deposit of 5 , 0
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Sunk and opportunity costs.
Mr Assam has taken out a lease on a shop and paid a deposit of In addition, the annual rent for the shop is In the event of cancellation of the lease, Mr Assam will lose the full deposit he paid. He plans to use the shop to sell novelty ecofriendly household gadgets and his budgeted operational information is as follows:
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