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Snezhnost [94]
4 years ago
6

Opportunity cost refers to:

Business
1 answer:
wel4 years ago
5 0
The definition of opportunity cost is Highest-valued option forgone

Change in opportunity cost :
When there is a change in the highest-valued option forgone, the opportunity cost will then be changed.

Hope I can help you :)
Brainliest answer?
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Identify What prevented the economy from slipping
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Blissful Blankets' target profit is $520,000. Each blanket has a contribution margin of $21. Fixed costs are $320,000. The numbe
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It can be deduced that the number of blankets that must be sold in order for the company to achieve the target profit is 40000.

<h3>How to calculate the target profit</h3>

From the information, Blissful Blankets' target profit is $520,000 and each blanket has a contribution margin of $21. Fixed costs are $320,000.

Therefore, the number of blankets that must be sold to achieve the target profit will be:

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= 40000

Learn more about profit on:

brainly.com/question/1078746

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