Richard Simmons Dijon Vinaigrette Salad Spray seemed like a good idea. It was a low-calorie idea for putting salad dressing on salad fixings without overpowering the greens. Unfortunately, the product's association with fitness guru Richard Simmons offended many potential consumers who consider him too flamboyant, and the product failed. What kind of opportunity costs did the salad spray's manufacturer incur?
A) Costs involved in producing the salad spray.
B) Explicit cost
C) Outlay Cost
D) Time spent in unprofitable product development.

Question

Quizplus · Accepted Answer

Opportunity costs refer not only to the alternative uses of funds spent on product failures but also to the time spent in unprofitable product development.

Richard Simmons Dijon Vinaigrette Salad Spray Seemed Like a Good