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    If a Firm Buys a Delivery Van for $18,000 and Can
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If a Firm Buys a Delivery Van for $18,000 and Can

Question 99

Question 99

Multiple Choice

If a firm buys a delivery van for $18,000 and can resell it in 2 years for $7,500, the opportunity cost of using the van is


A) $10,500.
B) $7,500.
C) $18,000.
D) $3,750.

Correct Answer:

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