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    Assume Your Firm Has an Unused Machine That Originally Cost
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Assume Your Firm Has an Unused Machine That Originally Cost

Question 1

Question 1

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 using this machine?


A) $75,000
B) $25,000
C) $20,000
D) $5,000

Correct Answer:

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