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.
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by Mike Rawson · Published October 22, 2019
by Mike Rawson · Published November 21, 2019 · Last modified June 17, 2020
by Mike Rawson · Published June 15, 2021
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Just about the only way a smart person can go broke is to borrow money.