True/False
Opportunity costs are important in special-order and make-or-buy decisions,but not in keep-or-drop decisions.Any time business managers must choose one alternative over another,they will face opportunity costs.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q48: It costs Hickory,Inc.$220 per unit to manufacture
Q81: Pinto Co.has received a special order for
Q82: The first step in the managerial decision
Q83: Franklin,Inc.has two divisions,Seward and Charles.Following is the
Q85: The quality of the goods in question
Q86: Opportunity costs are not relevant when a
Q87: When managers make a decision,they base it
Q90: Market Inc.has two divisions,Talbot and Heather.Following is
Q91: A sunk cost is never a relevant
Q118: Maple Inc.manufactures a product that costs $45