This preview shows page 1. Sign up to view the full content.
Unformatted text preview: immediately as disposable income. 5. It would be recommended to complete the project. By completing the project, the companys loss stands at $3 million as opposed to losing the entire $5 million that has already been invested. The most that you should pay in order to complete the development is $1 million. Investing more money would be without benefit and thus impractical....
View Full Document
This note was uploaded on 04/28/2008 for the course ECO 110 taught by Professor Liugang during the Fall '08 term at SUNY Albany.
- Fall '08
- Opportunity Cost