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Question 1 of 10
A business must decide whether to open a new office in China. If it opens the
branch, it will increase its chances of selling a high volume of its products in
China. On the other hand, the business will have to spend a lot of money to
make the branch operational.
What would be an opportunity cost for the business if it chooses to open the
new branch in China?
OA. The business would have less money to open branches in other
countries.
B. The business would have to spend more money on each item it
produces.
OC. The business would gain access to a large number of new
customers.
OD. The business would be forced to relocate all its workers to China.

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The opportunity cost of opening a branch in China for the business is A. The business would have less money to open branches in other countries.

What is opportunity cost?

Opportunity cost refers to any thing that we forgo when we make a certain decision.

The company would spend a lot of money if they opened up a branch in China. This is money that could have been used to open branches in other nations so opening in other nations is an opportunity cost.

Find out more on opportunity costs at https://brainly.com/question/481029

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