Vera Enterprises has in its inventory 1,000 damaged handbags that cost $20,000. The handbags can be sold in their present condition for $12,000, or repaired at a cost of $13,000 and sold for $31,000. What is the opportunity cost of selling the handbags in their present condition?
A) $32,000
B) $18,000
C) $44,000
D) $25,000
Correct Answer:
Verified
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