A firm buys a business with land that can be used for expansion in the future. This would beconsidered a ________option.
A) abandonment
B) growth
C) tax
D) flexibility

Name: A firm buys a business with land that can be used for expansion in the future. This would beconsidered a ________option. A) abandonment B) growth C) tax D) flexibility
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Question

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The firm has the potential to expand its operations in the future, which is a characteristic of a growth option.

A Firm Buys a Business with Land That Can Be