Top Posters
Since Sunday
y
2
m
2
m
2
u
2
m
2
B
2
M
2
e
2
k
2
N
2
y
2
m
2
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
djsmyers djsmyers
wrote...
Go to Answer
Posts: 764
Rep: 5 0
6 years ago
A firm built an inventory of 16-bit chips for $50,000 last year. However, the introduction of 32-bit chips lowers the market price for 16-bit chips and the inventory can only be sold for $40,000 now. What is the opportunity cost of the inventory of 16-bit chips?
A) $50,000
B) $40,000
C) $10,000
D) $90,000
Textbook 
Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
Author:
Read 260 times
2 Replies
Replies
Answer verified by a subject expert
RumkoRumko
wrote...
#1
Posts: 279
Rep: 7 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Anonymous
wrote...
#2
A year ago
Help! The answer is missing an explanation...
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  539 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 327
  
 1563
  
 1198
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 486
Previous poll results: Which is the best fuel for late night cramming?