Question

s company recently experienced a major system outage due to the failure of a critical component. During that time period, the company did not register any sales through its online site. Which type of loss did the company experience as a result of lost s

Answer 1

Opportunity cost

Step-by-step explanation:

opportunity cost in microeconomics can be regarded as alternative cost it can be explained as loss in term of potential gain that one incurred from the alternatives when one chose one specific alternative over other alternatives