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Posted on Jul 21, 2024

You are considering a new project that will operate in vacant building that you purchased 10 years ago. How would you classify this cost? a.

You are considering a new project that will operate in vacant building that you purchased 10 years ago. How would you classify this cost?

a. Capital expenditure

b. Sunk cost

c. This is not a cost since building was purchased 10 years ago.

d. Opportunity cost

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