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Use the following information to answer questions 2-5: Company A paid $100,000 to purchase a plot of land. Now, the land is worth $200,000. Company
Use the following information to answer questions 2-5: Company A paid $100,000 to purchase a plot of land. Now, the land is worth $200,000. Company A is planning to build a store on this land. What is the value of sunk costs? Why? What is the value of opportunity costs
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