Business, 13.03.2020 19:47 scholarlystudenttt28

The Nifty Gum Co. has purchased a large parcel of land for $1 million. The company recently discovered that the land is contaminated and is worthless to all possible buyers. The opportunity cost of the land is:.(a) $0. (b) $1 million. (c) some amount greater than $0 but less than $1 million. (d) equal to the cost of the factory that was planned to be built there.

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The Nifty Gum Co. has purchased a large parcel of land for $1 million. The company recently discover...