in making the decsion to vest he model 230 mchne the O 26600
in making the decsion to vest he model 230 mchne the O $266.000 $278000 O $305.000 O 203 000
Solution
$305000 ,
Opportunity cost is loss of benefit by giving up or foregoing an alternative in order to accept next best alternative.
In making the decision to invest in the model 230 machine , the opportunity cost = $305000 (Return from the investment that was foregone)
