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The Schmidt Corporation has in its inventory 4,000 damaged radios that cost $50,000. The radios can be sold in their present condition for $32,000, or
The Schmidt Corporation has in its inventory 4,000 damaged radios that cost $50,000. The radios can be sold in their present condition for $32,000, or repaired at a cost of $43,000 and sold for $66,000. What is the opportunity cost of selling the radios in their present condition?
A.
$43,000
B.
$50,000
C.
$23,000
D.
$32,000
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