[Answer] It costs Cool Clothes Company $15 to produce one pair of jeans but they needed to discontinue production of shirts to focus on jeans. For this company the $15 is the _______ and discontinuation of shirt production is considered their __________.

Answer: production cost; opportunity cost
It costs Cool Clothes Company $15 to produce one pair of jeans but they needed to discontinue production of shirts to focus on…

Leave a Reply