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  2. Opportunity cost - Wikipedia

    en.wikipedia.org/wiki/Opportunity_cost

    A simple example of comparative advantage ... Opportunity cost at a government level example. Another example of opportunity cost at government level is the effects ...

  3. Opportunity Cost: Definition and Examples - AOL

    www.aol.com/news/opportunity-cost-definition...

    Opportunity cost is a basic microeconomics concept, maybe one you learned in a long-ago and hazily recollected 8 a.m. Econ 101 lecture. If you need a refresher, opportunity cost is the benefit you ...

  4. What is Opportunity Cost? - AOL

    www.aol.com/news/2013-04-01-financial-literacy...

    Today's term: opportunity cost. Simply put, it's what you give up in order to do something. Imagine, for example, that you dream of becoming an engineer or a chef. If you opt to become a chef, you ...

  5. Implicit cost - Wikipedia

    en.wikipedia.org/wiki/Implicit_cost

    In economics, an implicit cost, also called an imputed cost, implied cost, or notional cost, is the opportunity cost equal to what a firm must give up in order to use a factor of production for which it already owns and thus does not pay rent. It is the opposite of an explicit cost, which is borne directly. [1]

  6. Comparative advantage - Wikipedia

    en.wikipedia.org/wiki/Comparative_advantage

    A good can be produced at a lower relative opportunity cost or autarky price, i.e. at a lower relative marginal cost prior to trade. [1] Comparative advantage describes the economic reality of the gains from trade for individuals, firms, or nations, which arise from differences in their factor endowments or technological progress. [2]

  7. Time value of money - Wikipedia

    en.wikipedia.org/wiki/Time_value_of_money

    Time value of money problems involve the net value of cash flows at different points in time. In a typical case, the variables might be: a balance (the real or nominal value of a debt or a financial asset in terms of monetary units), a periodic rate of interest, the number of periods, and a series of cash flows. (In the case of a debt, cas

  8. What Is Opportunity Cost? How To Use It To Boost Side Gig ...

    www.aol.com/finance/opportunity-cost-boost-side...

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  9. Cost of capital - Wikipedia

    en.wikipedia.org/wiki/Cost_of_capital

    In other words, the cost of capital is the rate of return that capital could be expected to earn in the best alternative investment of equivalent risk; this is the opportunity cost of capital. If a project is of similar risk to a company's average business activities it is reasonable to use the company's average cost of capital as a basis for ...