Difference between revisions of "Opportunity Cost"
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| − | + | Opportunity Costs are the price of a lost opportunity. In economic terms, Opportunity Cost is wasted time that could have been spent acquiring money or the means to gain money. | |
Revision as of 21:18, February 10, 2007
Opportunity Costs are the price of a lost opportunity. In economic terms, Opportunity Cost is wasted time that could have been spent acquiring money or the means to gain money.