Question: Longview Baskets has in its inventory 2,000 damaged baskets that cost $22.000 The baskets can be sold in their present condition for $14,000, or repaired
Longview Baskets has in its inventory 2,000 damaged baskets that cost $22.000 The baskets can be sold in their present condition for $14,000, or repaired at a cost of $17.000 and sold for $35.000. What is the opportunity cost of selling the baskets in their present condition? O A $18,000 OB. $31.000 C. $52,000 OD. $36,000
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