Asked by mel
Last year Delta airlines purchased and stored 1 million gallons of aviation fuel at a time when aviation fuel was selling for $2.00 per gallon. Aviation fuel is now valued at $3.00 per gallon. What is the opportunity cost of using this stored fuel now?
Would it be $3 million because now they would be giving up $3million of inventory?
Would it be $3 million because now they would be giving up $3million of inventory?
Answers
Answered by
jake
yes
There are no AI answers yet. The ability to request AI answers is coming soon!
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.