OMI is planning to build a new branch on land it already owns. The land was purchased several years ago for $250,000. Recently, OMI was offered $ 350,000 for the land. OMI estimates that if they build the branch, it will create NPV = $400,000. OMI did not consider the valued in this NPV calculations. Given this information, what is the opportunity cost to OMI of building the proposed branch?
Answers:
a. $400,00
b. $50,000
c. $350,000
d. $100,000
e. $250,000

A business opportunity, also called a bizop, is the opportunity to take advantage of market events to start a business.
It is a kind of favorable condition that exists in the market.
Depending on the business opportunity, some businesses will succeed and others will fail.
Opportunities are doors or opportunities to something positive, but you must claim it for yourself! there is.
They may arise from developments in the markets you serve or the technologies you use.
Opportunity is usually defined as a situation in which a product or service can be sold at a price higher than the cost of manufacturing it.
A “business opportunity” is therefore a situation in which an entrepreneur can take action to make a profit.

To learn more about opportunity from the given link :

https://brainly.com/question/29341508

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