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Umnica [9.8K]
3 years ago
15

Define and compute opportunity cost

Business
1 answer:
alexira [117]3 years ago
8 0

Answer:

opopportunity cost is the value of the next best alternative or option. this value may not be measure on money

value can also be satisfaction. one formula to calculate opportunity cost could be the ratio of what you are sacrificing to what you are going

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A company bought a parcel of land twenty years ago. The land is currently worth $575,000. The yearly appreciation rate has been
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Answer:

The company paid $278,031

Explanation:

Giving the following information:

A company bought a parcel of land twenty years ago. The land is currently worth $575,000. The yearly appreciation rate has been 3.7%.

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Answer:

$182300

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the calculation has been done in the attachment for further explanation

     

Download docx
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brainly.com/question/28017473

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