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Business, 14.07.2020 01:01 nothingworksoutforme

Nike decides to invest $60,000,000 into a shoe factory in Vietnam from its money market account. The money market account was earning 1% in interest per year or $600,000. Nike could have also earned $200,000 from investing the $60,000,000 in a handbag factory. What is its opportunity cost for Nike based off of the information in presented this situation

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Nike decides to invest $60,000,000 into a shoe factory in Vietnam from its money market account. The...
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