Opportunity cost
The cost of doing something instead of the best alternative which is not taken up.
« Back to Glossary Indexby Mike Rawson · Published · Updated
The cost of doing something instead of the best alternative which is not taken up.
« Back to Glossary Index
by Mike Rawson · Published September 7, 2016 · Last modified January 15, 2020
by Mike Rawson · Published March 15, 2021
by Mike Rawson · Published February 17, 2023
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It is better to give than to lend, and it costs about the same.

