The manager of Paul's fruit and vegetable store is considering the purchase of a new seedless watermelon

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The manager of Paul's fruit and vegetable store is considering the purchase of a new seedless watermelon from a wholesale distributor. Since this seedless watermelon costs $4, will sell for $7, and is highly perishable, he only expects to sell between 6 and 9 of them.

What is the opportunity loss for purchasing 9 watermelons when the demand is for seven?

a. 8

b. 4

c. 12

d. 0

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Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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