A business must decide whether to open a new office in China. If it opens the branch, it will increase its chances of selling a high volume of its products in China. On the other hand, the business will have to spend a lot of money to make the branch operational. What would be an opportunity cost for the business if it chooses to open the new branch in China? O A. The business would gain access to a large number of new customers. B. The business would have to spend more money on each item it produces C. The business would have less money to open branches in other countries. D. The business would be forced to relocate all its workers to China.​

C. The business would have less money to open branches in other countries.

Explanation:

In Economics, Opportunity cost also known as the alternative forgone, can be defined as the value, profit or benefits given up by an individual or organization in order to choose or acquire something deemed significant at the time.

Simply stated, it is the cost of not enjoying the benefits, profits or value associated with the alternative forgone or best alternative choice available.

Furthermore, the value of the opportunities lost by an individual or a business is the opportunity cost of a choice.

Hence, the opportunity cost of a choice is the benefits that could be derived from another choice (alternatives) by using the same amount of resources.

In this scenario, an opportunity cost for the business if it chooses to open the new branch in China is that it would have less money to open branches in other countries because it has to spend a lot of money to make the branch operational.

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