Mulan Co. sells used cars. It currently has 120 cars in its inventory, costing a total of

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Mulan Co. sells used cars. It currently has 120 cars in its inventory, costing a total of $750,000. Mulan was recently offered $1,250,000 to sell the business, cars included. It expects to receive a 15% return on its investments.

What is the opportunity cost per year of staying in the used car business?

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Essentials Of Services Marketing

ISBN: 9781292425191

4th Edition

Authors: Jochen Wirtz

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Posted Date: Mar 25, 2024 01:58 PM

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Mulan Co. sells used cars. It currently has 120 cars in its inventory, costing a total of

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To calculate the opportunity cost per year of staying in the used car business we need to consider t... View the full answer

Essentials Of Services Marketing

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