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| Definition Of: |
Opportunity Cost
the value of the benefit forfeited by choosing one alternative over another.
the cost of the project in terms of other projects the money could be used for.
whatever one must give up to obtain some item, the second principle of economics
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Business Dictionary INDEX:
List of Terms: Terms beginning with "A", Page 1 |
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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 A: Page 1 of 66.
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