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What do economits call the next best alternative that to be given up for the one chosen?
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∙ 14y ago
opportunity cost
Wiki User
∙ 14y ago
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What do economists the next best alternative that had to be given up for the one chosen?
opportunity cost
The best alternative given up by a particular decision?
oppertunity cost
What do economists call the next best alternative?
Economists call opportunity cost the next best alternative that has been given up. This is the cost of forgoing something and picking an alternative like using college fees to start a business.
When a choice is made what s the consequence of choice that is the alternative forgone?
making choices means sacrificing some alternatives.what i think about the alternatives forgone is the advantages of the second best altenative,time and the demerits of what is chosen.
What is the best free Snagit Alternative?
ScreenRec is the best Snagit alternative. This has some extra features to offer too. The best thing about it is that it is absolutely free.
What do economists call the next best alternative that had to be given up for the chosen one?
opportunity cost
What do economists the next best alternative that had to be given up for the one chosen?
opportunity cost
What The best alternative given up by a particular decision.?
Opportunity cost is the phrase used to describe the best alternative given up by a particular decision. The term is often associated with Economics.
What is The best alternative given up by a particular decision?
Opportunity cost is the phrase used to describe the best alternative given up by a particular decision. The term is often associated with economics.
The best alternative given up by a particular decision?
oppertunity cost
What do economists call the next best alternative?
Economists call opportunity cost the next best alternative that has been given up. This is the cost of forgoing something and picking an alternative like using college fees to start a business.
The value of the next best alternative given up to obtain an item is called?
Oppurtnity cost
The best alternative given up when making a certain decision?
Financial planning - A strategy to save for financial goals. Opportunity cost - The best alternative given up when making a certain decision. Risk aversion - Reluctance for taking chances. Utility - Personal satisfaction gained from consumption.
What is SBsettings best alternative?
SBsettings best alternative is Speero you check out related link to get details about it
Best alternative band ever?
The best alternative band to me is Green day but theres more opinions.
When a choice is made what s the consequence of choice that is the alternative forgone?
making choices means sacrificing some alternatives.what i think about the alternatives forgone is the advantages of the second best altenative,time and the demerits of what is chosen.
Best alternative rock songs?
The songs by Moderatto. (Mexican alternative rock band) x But the very best alternative rock songs are by the band that started Alternative Rock in 1965, the Velvet Underground.
