What the opportunity cost of producing the oats is

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Question 1: Nestle paid 130,000 for a machine used to mill oats. The annual Contribution margin from oat sales is $60,000.The machine could be sold for $80,000.The opportunity cost of producing the oats is.

a) $ 80,000

b) $20,000

c) $130,000

d) $60,000

Reference no: EM132558795

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