Difference between revisions of "Opportunity Cost"
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m (Opportunity Costs moved to Opportunity Cost) |
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| − | Opportunity | + | Opportunity Cost is the price of a lost opportunity. In economic terms, Opportunity Cost is wasted time that could have been spent earning money or the means to earn money. |
Revision as of 22:12, March 7, 2007
Opportunity Cost is the price of a lost opportunity. In economic terms, Opportunity Cost is wasted time that could have been spent earning money or the means to earn money.