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29 December, 13:25

Which scenario is the best example of an opportunity cost?

A. A computer company issues a recall on its tablets.

B. A computer company produces fewer laptops to meet tablet demand.

C. A computer company reduces the price on last year's models.

D. A computer company stops making computers with CD/DVD drives.

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  1. 29 December, 17:22
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    Opportunity Cost is the benefit that could have been received by a person or a company from a decision but chose to take a different action. With this definition, the best scenario that would illustrate it is B wherein the company chooses to produce fewer laptops to give way to the increasing demand for tablets.
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