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- Dictionaryopportunity cost
noun
- 1. the loss of other alternatives when one alternative is chosen: "idle cash balances represent an opportunity cost in terms of lost interest"
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- Opportunity cost is the forgone benefit that would have been derived from an option other than the one that was chosen. To properly evaluate these costs, the costs and benefits of every option available must be considered and weighed against the others.
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Aug 29, 2024 · Opportunity cost is the potential benefit that a person or business gives up by choosing one alternative over another. Learn how to calculate opportunity cost, see examples, and understand its role in capital structure and decision making.
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Mar 29, 2019 · Opportunity cost is the next best alternative foregone when we make a choice. Learn how to calculate and apply opportunity cost with examples, production possibility frontiers and comparative advantage.
Opportunity cost is the value of the best alternative forgone when a choice is made between several mutually exclusive alternatives. Learn about explicit, implicit, sunk and marginal costs, and how they affect economic decisions and efficiency.
Nov 28, 2023 · Opportunity cost is the implicit cost incurred by missing out on an investment, either with one's time or money. Learn how to calculate, apply, and minimize opportunity cost in personal finance, business, and investment decisions with examples and strategies.
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Jun 12, 2024 · Opportunity cost is the value of what you lose when choosing between two or more options. Learn how to calculate opportunity cost, see examples of investment and life decisions, and understand the difference between explicit and implicit costs.
Opportunity cost is the value of the next best alternative foregone when making a choice. Learn how to calculate and apply opportunity cost in financial analysis, decision-making, and economics with CFI resources.
Mar 29, 2021 · Opportunity cost is the value of what you lose when you choose from two or more alternatives. Learn how to calculate opportunity cost for investing and life decisions, and see examples of explicit and implicit costs.