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...
青藜苑A-level Econ干货来袭——【01: opportunity cost 机会成本】 青藜苑老师结合A-level Economics考试梳理了常考的基本概念,第一期的讲解内容聚焦在AS阶段paper 1的选择题中常见的30个基本概念,每次文末会配合历年考题让大家进行练习,答案讲解会出现在下一篇概念分享中,因此学生们可以在学习之余进行自测,并在下...
Even though it is about money in most scenarios, it is not entirely money-related in the term “Opportunity Cost.” Opportunity Cost occurred when there are two or more choices present in front of you and you have to make choices within these alternatives, the choices you eliminate is the ...
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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 ...
To the extent factors can be controlled, your life is the sum culmination of your past decisions. That, in a nutshell, is the definition of opportunity cost. On some level, this is common sense stuff that economists like to make difficult. All you have to do is ask yourself: ...
What Is a Simple Definition of Opportunity Cost? Opportunity cost refers to the hidden cost associated with not taking an alternative course of action. What Is an Example of Opportunity Cost in Investing? Consider a young investor who decides to put $5,000 into bonds each year and dutifully ...
1economics: 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 benefi...
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...
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...