Find the opportunity cost of her most profitable option

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Question

Kate's Store is considering three mutually exclusive options for the use of the new addition to her facility. Kate can either expand the women's clothing section, add a new footwear section or expand into home linens.

She estimates annual profits of either $120 000 from the clothing, $104 000 from the footwear, or $98 000 from the home linens section, should that section be chosen for the expansion. What is the opportunity cost of her most profitable option?

Reference no: EM132321786

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