An opportunity cost must be taken into consideration for a special sales order decision.

Question

Quizplus · Accepted Answer

Opportunity cost represents the benefits an individual, investor, or business misses out on when choosing one alternative over another. In the context of a special sales order decision, considering the opportunity cost is crucial because it involves evaluating what the business must forego in order to fulfill the special order, such as the profit from alternative uses of the production capacity.

An Opportunity Cost Must Be Taken into Consideration for a Special