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 August 2, 2016 · Last modified August 3, 2016
by Mike Rawson · Published June 3, 2022
by Mike Rawson · Published July 18, 2016 · Last modified October 13, 2016
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Under capitalism, man exploits man. Under communism, it’s just the opposite.
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