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  • 14-11-2021
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Humanities - Managing Cash
If James Bond decides to buy
a new
plane for $175,000, what is his opportunity cost?

Humanities Managing Cash If James Bond decides to buy a new plane for 175000 what is his opportunity cost class=

Respuesta :

HarmonicLady HarmonicLady
  • 14-11-2021

$89,454 - the next available airplane option is the tickets.

formula for calculating an opportunity cost is simply the difference between the expected returns of each option

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