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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. |
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| Incorporating Your Business" covers all pertinent issues to the subject including where an S corporation or a C corporation would be best for a particular business enterprise; which state and federal regulations will affect a corporation; avoiding the hidden costs associated with incorporating a business; as well as tax planning strategies and required accounting practices when incorporated. Recent research has shown that companies are hemorrhaging millions each year due to the hidden costs, security risks, lost business and legal liabilities associated with the mismanagement of administrative, super-user or privileged passwords. There are surprisingly large hidden costs to hot dogs, burgers, milk, and other animal products, finds a new report entitled Live stock's Long Shadow. |
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