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Author Question: If you own a building and you decide to make use of that building by opening a restaurant (Read 124 times)

CharlieWard

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on: May 25, 2020
If you own a building and you decide to make use of that building by opening a restaurant
◦ there is an opportunity cost of using this building for a restaurant because it could have been used in other ways.
◦ the only cost relevant to this decision is the price you paid for the building.
◦ there is no opportunity cost of using this building for a restaurant because you own it.
◦ there are no irretrievable costs involved in this decision.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by CharlieWard on May 25, 2020

aidanmbrowne

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Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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CharlieWard

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Reply 2 on: May 25, 2020
Great answer, keep it coming :)

chereeb

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Reply 3 on: Yesterday
Excellent

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