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AleksandrR [38]
3 years ago
10

An owner of a landscaping business received extra income in the previous month. She is considering either buying a new lawnmower

or spending the money on an advertising campaign in order to increase business in the next few months. If the business owner chooses to spend the money on an advertising campaign, what will be the opportunity cost?
Business
1 answer:
Klio2033 [76]3 years ago
6 0

Answer:

The opportunity cost will be Buying a new lawnmower

Explanation:

Opportunity cost refers to the cost of a forgone alternative. In this scenario, since the owner of a landscaping business has decided to spend the extra income on advertising campaign in order to increase sales, the forgone alternative here becomes buying a new lawnmower.

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Electronic retailing or e-tailing offers the sale and purchase of goods and services online/internet while traditional mortar retailing proposed the goods and services to the customers through a street-side market and face-to-face medium. There are numerous advantages of the upheaval of online retailing like it offers convenient, and quick access to the stores at any time from any place of the world having internet. It saves the traveling time of the consumers and also reduces the infrastructural costs and develops competitiveness. Thus, as per the question, the option that does not display an advantage of e-tailing is option D as a return in brick-and-mortar was more convenient than e-tailing.

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