Multiple Choice
The manager of Paul's fruit and vegetable store is considering the purchase of a new seedless watermelon from a wholesale distributor. Since this seedless watermelon costs $4, will sell for $7, and is highly perishable, he only expects to sell between 6 and 9 of them. What is the opportunity loss for purchasing 9 watermelons when the demand is for 7 watermelons?
A) 0
B) 4
C) 8
D) 12
Correct Answer:
Verified
Correct Answer:
Verified
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