Opportunity costs are important in special-order and make-or-buy decisions,but not in keep-or-drop decisions.Any time business managers must choose one alternative over another,they will face opportunity costs.

Question

Quizplus · Accepted Answer

Opportunity costs are relevant in keep-or-drop decisions as well, as they represent the benefits foregone by not choosing the next best alternative.

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