Longview Baskets has in its inventory
2,500
damaged baskets that cost
$25,000
The baskets can be sold in their present condition for
$12,000,
or repaired at a cost of
$13,000
and sold for
$40,000.
What is the opportunity cost of selling the baskets in their present condition?
A.
$27,000
B.
$37,000
C.
$53,000
D.
$ 25,000
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