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Paper 2Structured Questions3 marks
A company has a budget of $10,000 to either invest in new machinery or expand its marketing campaign.
Description
Investment Decision
The company must choose between investing in machinery that will improve production efficiency or spending the money on marketing to increase sales. Each option has its benefits and costs.
- a[3]
Explain the opportunity cost of investing in new machinery.
Aim for approximately 3 distinct marking points.
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