Triumph Incorporated Is Studying Whether to Expand Operations by Adding

Triumph Incorporated is studying whether to expand operations by adding a new product line. Which of the following costs should be considered in this decision? $\begin{array}{|l|l|c|}\hline &\text { Opportunity Cost } & \text { Sunk Cost } \\\hline 1& \text { Yes } & \text { Yes } \\\hline 2& \text { Yes } & \text { Sometimes } \\\hline3 & \text { Yes } & \text { No } \\\hline4 & \text { No } & \text { Yes } \\\hline 5& \text { No } & \text { No }\end{array}$

A) 1
B) 2
C) 3
D) 4
E) 5

Correct Answer:

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