| Dictionary, Encyclopedia and Thesaurus - The Free Dictionary 1,809,649,745 visitors served. |
|
Dictionary/ thesaurus | Medical dictionary | Legal dictionary | Financial dictionary | Acronyms | Idioms | Encyclopedia | Wikipedia encyclopedia | ? |
opportunity cost |
Also found in: Medical, Financial, Wikipedia, Hutchinson | 0.04 sec. |
opportunity costIn economic terms, the opportunities forgone in the choice of one expenditure over others. For a consumer with a fixed income, the opportunity cost of buying a new dishwasher might be the value of a vacation trip never taken or several suits of clothes unbought. The concept of opportunity cost allows economists to examine the relative monetary values of various goods and services. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
|
| ? Mentioned in | ? References in periodicals archive | |
|---|---|---|
Each qualifying senior can preserve up to an additional
$10,000 of his or her estate legacy over a 2-year length of residency
while saving the alternative cost premium of private-pay nursing. The alternative cost are ignored: Hours spent in rewrite of the
manual, in reviewing and in counseling, by the writers and the technical
people involved. Arbitrage is a fancy term sometimes used to describe the benefits
of the alternative cost of money. |
| Encyclopedia |
| Free Tools: |
For surfers:
Free toolbar & extensions |
Word of the Day |
Help
For webmasters: Free content | Linking | Lookup box | Double-click lookup | Partner with us |
|---|