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    Opportunity Cost

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    You are the manager of USA 800, a small telemarketing company. Your company owns its own building and rents part of it as temporary storage for $10,000 per month. USA 800 has been asked to do a new telemarketing campaign for Ford motor company, but accepting this campaign will require it to use all the rented space. What is the opportunity cost of accepting the offer to work for Ford?

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    opportunity cost is defined as the cost which you forgo in ...

    Solution Summary

    This solution helps explore the concept of opportunity cost within the context of telemarketing.