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 January 17, 2017
by Mike Rawson · Published May 24, 2022
by Mike Rawson · Published January 22, 2018
More
For a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle.