opportunity cost wikipedia - EAS
- Opportunity cost From Simple English Wikipedia, the free encyclopedia Opportunity cost is the value of the next best thing you give up whenever you make a decision. It is "the loss of potential gain from other alternatives when one alternative is chosen". The idea of an opportunity cost was first begun by John Stuart Mill.
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See all on Wikipediahttps://en.wikipedia.org/wiki/Opportunity_costIn microeconomic theory, the opportunity cost of a particular activity is the value or benefit given up by engaging in that activity, relative to engaging in an alternative activity. More simply, it means if you chose one activity (for example, an investment) you are giving up the opportunity to do a different … See more
Explicit costs
Explicit costs are the direct costs of an action (business operating costs or expenses), executed either through a cash transaction or a physical transfer of resources. In other … See moreSunk costs
Sunk costs (also referred to as historical costs) are costs that have been incurred already and cannot … See moreEconomic profit versus accounting profit
The main objective of accounting profits is to give an account of a company’s fiscal performance, typically reported on in quarters and … See moreWikipedia text under CC-BY-SA license- https://simple.wikipedia.org/wiki/Opportunity_cost
Opportunity cost is the value of the next best thing you give up whenever you make a decision. It is "the loss of potential gain from other alternatives when one alternative is …
- https://en.wiktionary.org/wiki/opportunity_cost
Noun [ edit] opportunity cost ( plural opportunity costs ) ( economics) The cost of an opportunity forgone (and the loss of the benefits that could be received from that …
- https://www.quora.com/What-is-the-opportunity-cost-of-Wikipedia
The amount of money required to keep Wikipedia running is tiny -- about $3 million. (Compare that to just the advertising budget of Google, about $2 BILLION.) There is little concern about …
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Opportunity cost - Wikipedia, the free encyclopedia - Zubiaga
taggedwiki.zubiaga.org/new_content/8fe4d91abb1db5856c2eef2527523f70- The consideration of opportunity costs is one of the key differences between the concepts of economic cost and accounting cost. Assessing opportunity costs is fundamental to assessing the true cost of any course of action. In the case where there is no explicit accounting or monetary cost (price) attached to a course of action, or the explicit acco...
What Is Opportunity Cost? - The Balance
https://www.thebalancemoney.com/what-is-opportunity-cost-357200Jun 29, 2022 · Opportunity cost is the value of what you lose when choosing between two or more options. When you decide, you feel that the choice you've made will have better results …
- https://en.wikipedia.org/wiki/Opportunity_(rover)
Opportunity. (rover) An artist's portrayal of Opportunity operating on the surface of Mars. / -1.9462; 354.4734 ( Opportunity rover) Opportunity, also known as MER-B ( Mars Exploration Rover …
- https://ja.wikipedia.org/wiki/機会費用
機会費用 （きかいひよう、 英: opportunity cost ）とは、時間の使用・消費の有益性・効率性にまつわる 経済学 上の概念であり、ある経済行為を選択することによって失われる，他の経 …
- https://zh.wikipedia.org/wiki/机会成本
機會成本 （英語： Opportunity Cost, OC ）是指 決策 過程中面臨多項選擇，當中被放棄而 價值 最高的選擇（Highest-valued Option Forgone），又稱為替代性成本（Alternative Cost，就是 …
- https://everipedia.org/Opportunity_cost
Opportunity costs are not restricted to monetary or financial costs: the real cost of output forgone, lost time, pleasure or any other benefit that provides utility should also be considered …
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