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 December 26, 2022
by Mike Rawson · Published January 24, 2018 · Last modified March 1, 2018
by Mike Rawson · Published February 18, 2021
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In preparing for battle, I have always found that plans are useless but planning is indispensable.
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