Hutch Technology Makes Computer Monitors, Which Sell for $100 Each

question 163

Multiple Choice

Hutch Technology makes computer monitors, which sell for $100 each.What is the opportunity cost of ten monitors?

• A)$1,000.
• B)the other goods that could be produced with the resources that produce the ten monitors 
• C)the profits that Hutch earns when it sells the ten monitors 
• D)the profits that Hutch loses if it does not produce the monitors 
• E)All of the above are correct.

---

Definitions:

Marketing Channel Functions

Refer to the various roles and tasks necessary for the movement of goods from the producer to the consumer, including logistics, information processing, and negotiation.

Manufacturer

A company that produces goods for sale.

Retailers

Businesses that sell goods or services directly to consumers.

Intensive Distribution

A marketing strategy where a product is stocked in as many outlets as possible to achieve wide market coverage and accessibility.