Last year, a marketing study costing $40,000 was done on the feasibility of a new instant dry nail polich. You are now tasked with estimating the cash flows for this project and will ultiamtely make...

This is an externality and should be included

This is an externality and should not be included

This is an opportunity cost and should be included

This is an opportunity cost and should not be included

This is an sunk cost and should be included

This is an sunk cost and should not be included