Opportunity costs are important in special-order and make-or-buy decisions,but not in keep-or-drop decisions.

Name: Opportunity costs are important in special-order and make-or-buy decisions,but not in keep-or-drop decisions.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Opportunity costs are relevant in all types of decision-making, including keep-or-drop decisions, as it involves weighing the benefits of continuing a business or product line against the potential cost of lost opportunities in other areas.

Opportunity Costs Are Important in Special-Order and Make-Or-Buy Decisions,but Not