A small boutique chooses to stock sizeable artwork and sculpture, which consumes a lot of floor and wall space in an already cramped store. The owners turned down candle makers and a specialty stationery company-both of which are compact-in order to stock the artwork and sculpture. The consequences in cash flow following from the rejection of the candles and stationery is called a(n) ________.
- overhead cost
- opportunity cost
- sunk cost
- direct cost