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单词 opportunity cost
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opportunity cost
opportunity cost n. Economics the loss of other alternatives when one alternative is chosen.
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society > trade and finance > management of money > management of national resources > [noun] > political economy > economic forces or effects
overheating1609
consumption1662
supply1744
production1767
demand1776
effective demand1819
employment rate1833
equilibrium1871
opportunity cost1894
bankers' ramp1931
multiplier1936
multiplier effect1937
market forces1942
cost push1952
externality1957
fiscal drag1964
demand-side1975
1894 Q. Jrnl. Econ. 8 222 To an ambitious person, the sacrifice of an opportunity would cause pain, and thus render the distinction between pain-cost and opportunity-cost of little importance.
1911 H. J. Davenport in Amer. Econ. Rev. 1 725 These displacements of possible products, these foregoings of alternative openings, these sacrifices of some second thing in the process of getting some particular thing, are perhaps best indicated under the term opportunity cost. To go without fish to get game..may be taken as illustrative of one of the simplest aspects of the doctrine.
1926 L. D. Edie Econ. iii. viii. 121 The opportunity cost is the sacrifice of foregoing some alternative utility.
1971 D. C. Hague Managerial Econ. (rev. ed.) ii. v. 121 If the businessman would have invested the money at 10 per cent interest, had he not put it into the business, then the ‘opportunity cost’ of investing in his own business is the 10 per cent interest he has foregone.
1995 SalesForce Mag. Feb. 30/2 ‘Non-addressability’ imposes a significant opportunity cost on any advertiser wishing to reach only a very tiny subset of a media company's viewers or consumers.
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