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    Exam 6: Costs
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    If a Firm Buys a Specialized Metal Stamping Machine That
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If a Firm Buys a Specialized Metal Stamping Machine That

Question 33

Question 33

Multiple Choice

If a firm buys a specialized metal stamping machine that will last 4 years for $125,000 and cannot resell it, the opportunity cost is


A) $0.
B) $31,250.
C) $125,000.
D) $93,750.

Correct Answer:

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