Which scenario is the best example of an opportunity cost? A computer company issues a recall on its tablets. A computer company produces fewer laptops to meet tablet demand. A computer company reduces the price on last year's models. A computer company stops making computers with CD/DVD drives.

Question

Hugh Lucas

Computers & Technology

12 July, 08:42

Which scenario is the best example of an opportunity cost? A computer company issues a recall on its tablets. A computer company produces fewer laptops to meet tablet demand. A computer company reduces the price on last year's models. A computer company stops making computers with CD/DVD drives.

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Answers (2)

Know the Answer?

Daphne Petersen · Answer 1

B

Explanation:

A computer company produces fewer laptops to meet tablet demand.

Jaslene Frank · Answer 2

A computer company produces fewer laptops to meet tablet demand.

Explanation:

Opportunity cost is defined as the value of the forgone alternative when a decision is made. In other words, it is considered the loss incurred from a potential gain from available alternatives, when one choice is taken. In this example, a computer company forgoes the profit that may be gained from making more laptops, but instead chooses to make more tablets in order to meet demand.