Meaning Of The Word Opportunity cost

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Opportunity cost Meaning

Opportunity cost Definition
Opportunity cost Definition

What's The Definition Of Opportunity cost?

opportunity cost in Accounting
noun: An opportunity cost is the cost of not being able to do other things with time and resources because of doing the chosen activity.

opportunity cost in British English
noun: the benefit that could have been gained from an alternative use of the same resource

opportunity cost in Finance
noun: An opportunity cost is the cost of not being able to do other things with time and resources because of doing the chosen activity.

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