What is the concept of opportunity cost?

Related questions

1. What is opportunity cost theory?
2. How does opportunity cost work?
3. Why is opportunity cost important in economics?
4. How useful is opportunity cost?
5. How do you calculate marginal cost?
6. How do you use opportunity cost in a sentence?
7. What is opportunity cost give example?
8. What does not have an opportunity cost?
9. What is opportunity cost simple?
10. Do opportunity cost only occur when making spending decisions?

Tags

1. #achieve
2. #choice
3. #value
4. #alternative
5. #action
6. #decision
7. #resource
8. #benefit
9. #opportunity
10. #acquire
11. #associated
12. #something
13. #every
14. #profit
15. #money
16. #since
17. #given