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Apple is deciding whether to produce or outsource the screen from their series 8 Apple Watch. Apple can buy 10,000 screens at $6.75/unit. If Apple

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Apple is deciding whether to produce or outsource the screen from their series 8 Apple Watch. Apple can buy 10,000 screens at $6.75/unit. If Apple purchases the screen, they could eliminate $28,000 of fixed cost and all of the variable costs related to production the screen of $75,000. Additionally, if Apple outsources production of the screen, they can use the extra capacity to generate an additional $37,000 of income. Which alternative has an opportunity cost, and for how much? There is an opportunity cost of $37,000 if they outsource production of the screen. O There is an opportunity cost of $37,000 for Apple if they continue to produce the screen. There is an opportunity cost of $67,500 for Apple if they continue to produce the screen. There is an opportunity cost of $67,500 if they outsource production of the screen. There are no opportunity costs for Apple to consider

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