The economic term for what you lose when using resources for something else is known as opportunity cost.
The economic term for what you lose when using resources for something else is known as opportunity cost.
Opportunity cost is what you give up in order to get something else. Paying money is the opportunity cost for ice cream for example.
Opportunity cost or real cost.
In the economical term opportunity cost means the best next alternative forgone
The economic term for what you lose when using resources for something else is known as opportunity cost.
The economic term for what you lose when using resources for something else is known as opportunity cost.
The economic term for what you lose when using resources for something else is known as opportunity cost.
The economic term for what you lose when using resources for something else is known as opportunity cost.
Opportunity cost is what you give up in order to get something else. Paying money is the opportunity cost for ice cream for example.
Opportunity cost or real cost.
In the economical term opportunity cost means the best next alternative forgone
The economic term for the cost of a choice is the opportunity cost.
Opportunity Cost.
the people elected the Parliament for the parliamentary democracy (i know its not the best sentence but its still a sentence using the term)
It is entirely possible to write a sentence using the term 'it is'.
Meaning "to hesitate" or more generally "to delay," the term "tarry" has many useful applications in contemporary English. One example-sentence for it is the following: "Choosing to tarry when an opportunity arises is not advisable. "