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Business, 05.02.2021 23:30 danielle413

Bob manages a cafe. He pays $50,000 for labor and $7,000 for space rental every month. He chose the current space and gave up another site which costs $8,000/month. Bob also refused an acquistion proposal of $600,000 raised by a restaurant. The proposal plans to close down the cafe. What is the opportunity cost in this case

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Bob manages a cafe. He pays $50,000 for labor and $7,000 for space rental every month. He chose the...
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