bn:00059190n
Noun Concept
Categories: Capital management, Costs, Time-based economics
EN
opportunity cost  alternative cost  hidden cost  hidden costs  Oppetunity cost
EN
Cost in terms of foregoing alternatives WordNet 3.0
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EN
Cost in terms of foregoing alternatives WordNet 3.0
Cost in terms of forgoing alternatives Open English WordNet
In microeconomic theory, the opportunity cost of a choice is the value of the best alternative forgone where, given limited resources, a choice needs to be made between several mutually exclusive alternatives. Wikipedia
The cost of something measured by the inability to spend the money elsewhere Wikipedia Disambiguation
When presented with multiple opportunities, the cost of making a certain choice in comparison to its alternatives Wikidata
The cost of an opportunity forgone (and the loss of the benefits that could be received from that opportunity); the most valuable forgone alternative. Wiktionary
Cost of something in terms of an opportunity forgone. Wiktionary (translation)
WordNet 3.0 & Open English WordNet
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