When GD Inc

Multiple Choice

When GD Inc.declared a dividend of $20,000,000,its market value increased from $8 billion to $8.5 billion.However,it lost a chance to reinvest $20,000,000 in the research and development of a new product which would have earned a profit of $200 million.Thus,this $200 million is referred to as GD Inc.'s

A) producer surplus.
B) consumer surplus.
C) opportunity cost.
D) social cost.