Business, 28.07.2021 21:20 Bradgarner772

Louis Vuitton decides to invest $80,000,000 into a shoe factory in Milan from its money market account. The money market account was earning 1% in interest per year or $800,000. Louis Vuitton could have also earned $200,000 from investing the $80,000,000 in a handbag factory. What is its opportunity cost for Louis Vuitton based off of the information in presented this situation? a. $200,000
b. $1,000,000
c. $80,000,000
d. $800,000

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