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Definition of opportunity cost in English: opportunity costnoun Economics The loss of other alternatives when one alternative is chosen. idle cash balances represent an opportunity cost in terms of lost interest Example sentencesExamples - Gold held as reserves by a Central Bank has an opportunity cost.
- That's the opportunity cost of domestically produced software.
- On the other hand, the lower yield curve also implies a lower opportunity cost of waiting to invest, due to the lower short-term rate.
- As incomes rise and the opportunity cost of performing menial labor changes, fewer people will want to work as servants.
- For now, we will assume that the opportunity cost of their time is $5, which now gives them a residual of $5.
Definition of opportunity cost in US English: opportunity costnoun Economics The loss of potential gain from other alternatives when one alternative is chosen. idle cash balances represent an opportunity cost in terms of lost interest Example sentencesExamples - For now, we will assume that the opportunity cost of their time is $5, which now gives them a residual of $5.
- On the other hand, the lower yield curve also implies a lower opportunity cost of waiting to invest, due to the lower short-term rate.
- Gold held as reserves by a Central Bank has an opportunity cost.
- As incomes rise and the opportunity cost of performing menial labor changes, fewer people will want to work as servants.
- That's the opportunity cost of domestically produced software.
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