Question: You are considering a new project that involves launching a new product.Using which of the following for this new project willNOT result inopportunity cost? A
You are considering a new project that involves launching a new product.Using which of the following for this new project willNOT result inopportunity cost?
- A piece ofland lying vacant next to the existing factory.
- Annual licensing feesfor a brand name that until this year,you were using for a product that you will not make anymore.
- One time cost paidtwo years agoto buy a new logo that you will usefor 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.
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