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The CEO would like more information on the total costs of building the new theme park. A part of those total costs is opportunity costs.

The CEO would like more information on the total costs of building the new theme park. A part of those total costs is opportunity costs. What are some alternatives that might go into the opportunity cost calculations and explain how you might go about calculating the opportunity cost (e.g., for those alternatives, what information might you need to figure out how those alternatives contribute to the opportunity cost of the project)?

What might be some sources of sunk costs for this project and explain how timing affects the consideration of sunk costs.

 

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