Why is opportunity cost important?

Related questions

1. What does increasing marginal opportunity cost mean?
2. How do you calculate marginal cost?
3. What is opportunity cost kid definition?
4. What is the best definition of opportunity cost?
5. How do I calculate opportunity cost?
6. What is opportunity cost simple?
7. Which describes opportunity cost?
8. How do you use opportunity cost in a sentence?
9. Do opportunity cost only occur when making spending decisions?
10. What is opportunity cost in economy?

Tags

1. #economic
2. #place
3. #unlimited
4. #scarce
5. #theory
6. #production
7. #wants
8. #based
9. #concept
10. #rather
11. #alternative
12. #occupies
13. #opportunity
14. #fundamental
15. #versatile
16. #factors
17. #substituted
18. #important