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What is opportunity cost?Opportunity cost disater or OCD is when the opportunity cost of the strategy that is choosen is greater in extent than a certified disaster would be. In many cased net loss of opportunity is huge, way beyond what occurs in a normal disaster. The Iraq war is an opportunity cost disaster. There are a lot of bad ideas out there but these guys put a lot of thought into making it this bad. I can't think of much worse of an alternative, but I am sure they will, as it is getting worse all the time. opportunity cost - videoOpportunity cost - what is it?The collective benefits citizens could be enjoying today IF the Democrats had spent their time legislating instead of temper tampering from 2017 through 2020 The opportunity costs to our urban populations will probably never be completely tallied. What does "opportunity cost" mean?Another way for an economist to say you aren't thinking enough about screwing everybody else over to make more cash. Sasuke had a net economic loss, considering his opportunity cost of not god-modding himself by the method of ripping out his brother's eyeballs, drilling a hole in his skull so that he could rip out Kakashi's eye too, and challenging the entire Akatsuki organization to a royal rumble melee so that he could proceed to absorb all the tailed beasts and rule the planet. Possibly absorbing the planet too. All before he enrolls at the Ninja Academy. Opportunity cost - what does it mean?(n.) the benefits and problems of not choosing an option. You have a choice between buying a car for £30,000 or a motorbike for £18,000. Opportunity cost - meaningThe value of resources and time given up relative to the best alternative. Includes the estimation of time in process. If a economy is competitive, the opportunity cost is a good indicator of the price because any change in prices is a change in the opportunity cost, which means a change in the allocation of resources. The opportunity cost of 9/11 was huge! Lives were lost, capital was destroyed, people got sick......so when 9/11 happened there was a change in the market prices which changed the allocation of resources. Opportunity cost - definitionThe cost of choosing one course of action over another. Letting your second best option pass. At the restaurant, you are presented with a desert menu. Assuming that you only eat one desert, you have the choice between chocolate mouse, ice cream and honey crepes. Let's say you prefer ice cream to chocolate mouse, but honey crepes are your favorite. If you eat a honey crepe, ice cream (which would have chosen had you not had crepes) is your opportunity cost. |
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