Multiple Choice
Assume your firm has an unused machine that originally cost $75,000, has a book value of $20,000, and a market value of $25,000. Ignoring taxes, what is the opportunity cost of this machine?
A) $75,000
B) $25,000
C) $20,000
D) $5,000
Correct Answer:

Verified
Correct Answer:
Verified
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