01:opportunity cost机会成本 Definition: Opportunity cost: the best alternative sacrificed when an option is selected. 机会成本:在进行选择时,所放弃掉的最优选择。 Explanation Opportunity cost的概念需要结合经济学中另一个非常重...
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A student needs to supply her math homework and prepare for an Economic test, both tasks are due tomorrow but she only has time to complete one. If she chose to review the knowledge of the test, then the opportunity cost would be her mathematical skill, because it would not be as consol...
DefinitionDefinition ofof opportunityopportunity cost cost A measure of the economic cost of using scarce resources(Factor Inputs) to produce one particular good or service in terms of the alternatives thereby foregone. Reference: Christopher Pass, Bryan Lo 3、wes, Leslie Davies. Collins Economics ...
1关于ECONOMICS中OPPORTUNITY COST的问题Over the past 10 years,university students have came under increasing financial pressure.For the previous40 years,the government paid for all student tuition fees.Is also gave a grant to students to cover their living expenses,although this grant was means tested...
Opportunity Cost vs. Risk In economics,riskdescribes the possibility that an investment's actual and projected returns will be different and that the investor may lose some or all of their capital. Opportunity cost reflects the possibility that the returns of a chosen investment will be lower than...
economics: opportunity costWhich of the following is correct concerning opportunity cost?a. Except to the extent that you pay more for them, opportunity costs should not include the cost of things you would have purchased anyway.b. To compute opportunity costs, you should subtract marginal benefits...
1 关于ECONOMICS中OPPORTUNITY COST的问题 Over the past 10 years,university students have came under increasing financial pressure.For the previous40 years,the government paid for all student tuition fees.Is also gave a grant to students to cover their living expenses,although this grant was means te...