Four Guys Company has in its inventory 5,000 damaged televisions that cost $50,000. The televisions can be

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Four Guys Company has in its inventory 5,000 damaged televisions that cost $50,000. The televisions can be sold in their present condition for $32,000, or repaired at a cost of $43,000 and sold for $76,000. What is the opportunity cost of selling the televisions in their present condition?
A. $119,000
B. $33,000
C. $75,000
D. $82,000
Opportunity Cost
Opportunity cost is the profit lost when one alternative is selected over another. The Opportunity Cost refers to the expected returns from the second best alternative use of resources that are foregone due to the scarcity of resources such as land,...
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Engineering Economy

ISBN: 978-0133439274

16th edition

Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling

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