Question: Alicia is considering purchasing a small building with the intent of opening a craft and sewing center. The cost of the building is $ 4
Alicia is considering purchasing a small building with the intent of opening a craft and sewing center. The cost of the building is $ and the cost to open the center is an additional $ If the center is opened and no other competition is nearby the project will provide a hefty return. However, should the vacant building down the street be used for a competitive type entity, then the center could be a losing proposition. Assume the building is purchased but the opening of the center is delayed. This situation would best be described as on a craft and sewing center.
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