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    lovelyp's Avatar
    lovelyp Posts: 4, Reputation: 1
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    #1

    Apr 16, 2008, 12:12 PM
    Out of Pocket Costs
    Which one of the following is an example of an opportunity costs?

    a. Revenue lost from sale of cakes by deciding to sell only cookies.
    b. Wages paid to construction workers.
    c. Materials used to assemble computers
    d. Ordering costs related to a customer's special order of guitar strings
    e. Rent paid for the use of a factory building
    MaggieMouse's Avatar
    MaggieMouse Posts: 226, Reputation: 8
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    #2

    Apr 16, 2008, 01:14 PM
    a. Opportunity cost means what else would you have accomplished.

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