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When a Forester Is Making a Long-Run Decision About Whether

Question 137

Multiple Choice

When a forester is making a long-run decision about whether or not to exit an industry, the cost of the land used for the plantation:


A) will be considered as part of the forester's fixed cost
B) is treated differently than the cost of sawmill
C) is not considered a sunk cost
D) will be ignored as irrelevant

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