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Opportunity cost is the value of the next best alternative that is foregone when making a decision. It represents the benefits you miss out on by choosing one option over another. Understanding opportunity cost helps individuals and businesses make more informed choices by considering what they are giving up in terms of resources, time, or potential gains.
What else can I help you with?
The best alternative given up by a particular decision?
oppertunity cost
What is lost by choosing one option instead of another?
Oppertunity cost.
What is the definition of vaule?
The real cost of something
What is the definition of marginal cost?
How much does it cost to produce one more unit of a good.
What is definition of retail rate?
The cost of items in a retail store.
What is the opportunity cost of buying a new car?
Anything that is not the car can be an oppertunity cost. for an instants an ipod or a house can be the oppertunity cost. the definiton of oppertunity cost is the value of the next best akternative given up when a choice a made.
The best alternative given up by a particular decision?
oppertunity cost
What is another word for missed opportunity?
Oppertunity cost,
What is lost by choosing one option instead of another?
Oppertunity cost.
Choosing something means you may have to give up other choices that might have been made?
oppertunity cost
Why weighthed average cost of capital and opportunity cost comes together in a cash flow stream?
Why weighthed average cost of capital and oppertunity cost comes togeather in a cash flow stream?
What is the definition of Historical Cost?
what is the definition of historical cost
How do you say oppertunity in spanish?
oportunidad
What is the definition of scarcity?
Scarcity is the lack of availability of something. ie. petrol oppurtunity cost is the next best alternative
What is open oppertunity?
the concept that everyone can compete in the marketplace....
Is the best definition of sublime?
"Is" is not the best definition of sublime.
Definition of finance cost?
Cost of the money for the buisness
