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Business, 27.02.2020 04:01 vannaht2003

Suppose two cities are considering tearing down their stadiums to build new ones. In one city, the old stadium cost $5 million to build, while in the other city, the old stadium cost $50 million to build. If all else is equal, what can we say about how the costs of the old stadiums should affect the cities’ decisions?

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Suppose two cities are considering tearing down their stadiums to build new ones. In one city, the o...
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