Profit opportunity cost is the cost of assigning a job to a facility that results in not having the best possible profit.The opportunity cost is the difference between best and actual.

Question

Quizplus · Accepted Answer

Profit opportunity cost is the cost of selecting an option that is not the most profitable. The opportunity cost of this decision is the difference between the actual profit and the maximum profit that could have been achieved. Therefore, option A is the correct answer.

Profit Opportunity Cost Is the Cost of Assigning a Job