Opportunity cost/Definition

From Citizendium
< Opportunity cost
Revision as of 07:07, 14 September 2009 by imported>Meg Taylor (add)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigation Jump to search
This article is a stub and thus not approved.
 Main Article
 Discussion
Related Articles  [?]
Bibliography  [?]
External Links  [?]
Citable Version  [?]
 
https://en.citizendium.org/wiki/index.php?title=Opportunity_cost/Definition&printable=yes
A definition or brief description of Opportunity cost.

The cost of taking part in one activity in terms of the lost opportunities, which could have been pursued using the same resources of time and money.

Retrieved from "https://citizendium.org/wiki/index.php?title=Opportunity_cost/Definition&oldid=687384"