Should the cost the land be considered as project cost

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Reference no: EM131566089

A firm currently owns land in another city where it would like to expand its operations. It is considering using the land to build a manufacturing plant to produce products that will be sold in that community. Should the cost the land be considered as a project cost? Why or why not, and what kind of cost is this (sunk, externality, opportunity, etc.)?

Reference no: EM131566089

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