OPPORTUNITY COST


Meaning of OPPORTUNITY COST in English

transcription, транскрипция: [ noun ]

Date: 1911

: the added cost of using resources (as for production or speculative investment) that is the difference between the actual value resulting from such use and that of an alternative (as another use of the same resources or an investment of equal risk but greater return)

Merriam-Webster's Collegiate English vocabulary.      Энциклопедический словарь английского языка Merriam Webster.