Opportunity cost is the minimum contribution to profit that the selling segment forgoes by transferring the item internally.

Name: Opportunity cost is the minimum contribution to profit that the selling segment forgoes by transferring the item internally.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Opportunity cost refers to the benefit a person or business forgoes by choosing one alternative over another, not specifically to the minimum contribution to profit from internal transfers.

Opportunity Cost Is the Minimum Contribution to Profit That the Selling