Web Results

Opportunity Cost Definition | Investopedia


An opportunity cost refers to a benefit that a person could have received, but gave up, to take another course of action. Stated differently, an opportunity cost ...

What is an opportunity cost? definition and meaning ...


Definition of opportunity cost: A benefit, profit, or value of something that must be given up to acquire or achieve something else. Since every resource (land, ...

Opportunity Cost: The Concise Encyclopedia of Economics | Library ...


When economists refer to the “opportunity cost” of a resource, they mean the value of the next-highest-valued alternative use of that resource. If, for example, you ...

Opportunity cost | Define Opportunity cost at Dictionary.com


Opportunity cost definition, the money or other benefits lost when pursuing a particular course of action instead of a mutually-exclusive alternative: The company ...

Opportunity-cost dictionary definition | opportunity-cost defined


Opportunity cost is defined as the value of something that is lost because you choose an alternative course of action. The opportunity cost of going to college is  ...

Opportunity Cost Examples - YourDictionary


Opportunity cost is the cost of an economic choice in terms of what was chosen ... That is why you will often see opportunity cost defined as the value of the 'next' ...

Opportunity Cost: Definition & Real World Examples - Video ...


Learn the most important concept of economics through the use of real-world scenarios that highlight both the benefits and the costs of decisions. Opportunity ...

Microeconomics Topic 1: “Explain the concept of opportunity cost and


Topic 1: “Explain the concept of opportunity cost and explain why accounting profits and economic profits are not the same.” Reference: Gregory Mankiw's ...

Opportunity Cost | Definition of Opportunity Cost by Merriam-Webster

www.merriam-webster.com/dictionary/opportunity cost

the added cost of using resources (as for production or speculative investment) that is the difference between the actual value resulting from such use and that of  ...

www.ask.com/youtube?q=Define Opportunity Cost&v=NwOYLV-L7pc
Dec 31, 2013 ... Opportunity Cost Definition and Real World Examples .... You guys are missing a lot on of opportunity cost by jumping from free to 100 USD.
opportunity cost
the money or other benefits lost when pursuing a particular course of action instead of a mutually-exclusive alternative: The company cannot afford the opportunity cost attached to policy decisions made by the current CEO.
Source: Dictionary.com
Opportunity cost
In microeconomic theory, the opportunity cost of a choice is the value of the best alternative forgone where, given limited resources, a choice needs to be made ... More »
opportunity cost | Define opportunity cost at Dictionary.com
dictionary.reference.com/browse/opportunity cost
The world's most popular free online dictionary with definitions, spell check, word origins, example sentences, audio pronunciations, Word of the Day and more!