Business, 14.01.2021 22:10, OinkFred

A business must decide whether to open a new office in China. If it opens the branch, it will increase its chances of selling a high volume of its products in China. On the other hand, the business will have to
spend a lot of money to make the branch operational.
What would be an opportunity cost for the business if it chooses to open the new branch in China?
A. The business would be able to increase the selling prices for most of its products.
B. The business could not use the money it spends on the new branch for something else.
C. The business would have to spend all its money making new Chinese products.
D. The business would be able to easily sell its products to many new customers.

Answers: 2

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A business must decide whether to open a new office in China. If it opens the branch, it will increa...