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Depends on how you look at it, yes and no.
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∙ 13y ago
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What is the difference between real cost and opportunity cost?
Actual cost (real cost): Are those which are actually incurred by the firm in payment for labor, material, plant, building, machinery, equipment ,etc. Opportunity cost: The opportunity cost is the opportunity lost. An opportunity to make income is lost because of scarcity of resources like land, labor, capital etc., or the making of one decision over another decision.
How opportunity cost is measured?
how is opportunity cost measured {Finding the value of the best options that is not chosen.}
What is the meaning of opportunity lost?
In the economical term opportunity cost means the best next alternative forgone
How do you deal with opportunity cost in NPV estimates should I treat opportunity cost as cost annually or as some costs like equipment cost in Year 0 before implementing this project?
It depends on the situation if the opportunity cost is lost only once througout the whole project life then it will be charged once in that year but if opportunity is lost for every year of the project then this cost will be charged to every year till the end of project so it should be dealt according to the timing of opportunity arises.
This is the value lost when one alternative is chosen over another?
Opportunity Cost
Should you pay someone to do a 1040 tax filing?
It depends on the opportunity cost. Opportunity cost is anything that you could do instead of something else. In this situation, it would mainly be money lost to time lost. Which is more important to you?
What is the opportunity cost of watching the cricket match?
Opportunity Cost: if you are doing any work and getting money at 10$ per hour for seven hour then if you stop working and start watching cricket match then you lost those 70 $ by watching that cricket match so at that moment opportunity cost of watching match is 70 $ for you which you lost due to cricket match.
What is opportunity cost and opportunity benefit?
Opportunity cost is the cost that an opportunity presents. The opportunity benefit is the benefit of the opportunity that is being presented.
When was A Lost Opportunity created?
A Lost Opportunity was created in 1889.
When a decision is made among a number of alternatives the benefit that is lost by choosing one alternative over another is the?
Opportunity Cost
What does the word opportunity cost means?
Opportunity cost means that there is an opportunity to get something in a lower cost. __by Alondra Rico
What is your opportunity cost of going to college?
The main opportunity costs for going to college are time and money. However, there are also cases where someone may lose the opportunity to start a business or launch a product. If they wait, it may be too late and the opportunity completely lost.
