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opportunity cost
NOUN [ECONOMICS.]
1.
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 | Define opportunity cost at Dictionary.com
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What is an opportunity cost? - BusinessDictionary.com

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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 Definition | Investopedia

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DEFINITION of 'Opportunity Cost'. 1. The cost of an alternative that must be forgone in order to pursue a certain action. Put another way, the benefits you could ...

Opportunity-cost | Define Opportunity-cost at Dictionary.com

dictionary.reference.com/browse/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: Definition & Real World Examples - Video ...

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

www.econlib.org/library/Enc/OpportunityCost.html

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 | Definition of Opportunity cost by Merriam-Webster

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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  ...

Opportunity Cost Definition | Economics Help

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Mar 29, 2013 ... Definition: Opportunity cost is the next best alternative foregone. The fundamental problem of economics is the issue of scarcity. Therefore we ...

Opportunity-cost dictionary definition | opportunity-cost defined

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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  ...

Answer
Opportunity cost
In microeconomic theory, the opportunity cost of a choice is the value of the best alternative forgone, where a choice needs to be made between several mutually  ... More »
Popular Q&A
Q: Define opportunity cost.
A: opportunity cost:1:cost in terms of foregoing Read More »
Source: www.chacha.com
Q: Define opportunity costs.
A: Opportunity cost or economic opportunity loss is the value of the next best alternative foregone as the result of making a decision. Any decision that involves ... Read More »
Source: www.chacha.com
Q: Define opportunity cost?
A: Opportunity cost is the cost of pursuing one course of action versus another. If you can earn $25.00 per hour working at a job, and it costs $15 an hour to get ... Read More »
Source: answers.yahoo.com
Q: Define opportunity cost?
A: It's defined as 'the benefits foregone for the next best alternative' An example is much more helpful xD. Say you were given £30 to spend on a concert ticket, b... Read More »
Source: answers.yahoo.com
Q: Define opportunity cost
A: Opportunity cost - Benefit, profit, or value of something that must be given up to acquire or achieve something else. Read More »
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