The manager of Paul's fruit and vegetable store is considering the purchase of a new seedless watermelon from a wholesale distributor. Since this seedless watermelon costs $4, will sell for $7, and is highly perishable, he only expects to sell between 6 and 9 of them. If the merchant purchases 8 watermelons, the minimum opportunity loss occurs when the demand is how many units?
A) 6
B) 7
C) 8
D) 9

Question

Quizplus · Accepted Answer

The minimum opportunity loss occurs when the number of watermelons purchased matches the demand, which is 8 in this case.

The Manager of Paul's Fruit and Vegetable Store Is Considering