Question: You are considering a new project that involves launching a new product. Using which of the following for this new project will NOT result in

You are considering a new project that involves launching a new product. Using which of the following for this new project will NOT result in opportunity cost?

A piece of land lying vacant next to the existing factory.

Annual licensing fees for a brand name that until this year, you were using for a product that you will not make anymore.

One time cost paid two years ago to buy a new logo that you will use for the new product.

Moving one factory manager to oversee the new product from the existing manufacturing line.

Asking the existing factory workers to spend time testing the proposed new product.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!