Ask Question
25 August, 17:41

The amount that a manufacturing company could earn by renting unused portions of its warehouse is an example of an opportunity cost. True False

+4
Answers (1)
  1. 25 August, 18:29
    0
    Answer: True.

    Explanation:

    The opportunity cost is the price an individual/organization pay for making a decision to select an option, as against other available options. If a manufacturing company decides to leave the unused portions of their company vacant, they would be losing money that would have been earned if those unused spaces where rented.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The amount that a manufacturing company could earn by renting unused portions of its warehouse is an example of an opportunity cost. True ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers