Question

Gameware recently entered the German market. Gameware executives also wanted to enter the Canadian market but had to delay the entry because of limited resources. What type of costs will Gameware incur as a result of being unable to enter the Canadian market?

Answer 1

Answer:

Opportunity costs

Explanation:

An advantage, benefit, or benefit of something that must be offered up to obtain or accomplish something different. Since each resource can be put to elective uses, each activity, decision, or choice has a related open opportunity cost.

for instance, you invest energy and cash going out to see a film, you can't invest that time at home perusing a book, and you can't spend the cash on something different.