Definition of Opportunity Cost in English :
Define Opportunity Cost in English
Opportunity Cost meaning in English
Meaning of Opportunity Cost in English
Pronunciation of Opportunity Cost in English
Opportunity Cost pronunciation in English
Pronounce Opportunity Cost in English
Opportunity Cost
see synonyms of opportunity costNoun
1. opportunity cost
cost in terms of foregoing alternatives
WordNet Lexical Database for English. Princeton University. 2010.
Opportunity Cost
see synonyms of opportunity costnoun
economics
the benefit that could have been gained from an alternative use of the same resource
Collins English Dictionary. Copyright © HarperCollins Publishers
Opportunity Cost
see synonyms of opportunity costn.
Economics
Economics
The net value or utility of the most desirable alternative to a projected course of action.
The American Heritage ® Dictionary of the English Language, Fifth Edition copyright ©2018 by Houghton Mifflin Harcourt Publishing Company. All rights reserved.