Difference between revisions of "Opportunity Cost"

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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.
 
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.
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[[Category:Economics]]

Revision as of 10:16, March 11, 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.