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What is an opportunty cost?

What is an opportunty cost?
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What is an opportunty cost?

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User Giles Thompson
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2 Answers

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the definition of Opportunity cost is - The loss of potential gain from other alternatives when one is chosen.  
answered
User Lgiro
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the loss of potential gain from other alternatives when one alternative is chosen: "idle cash balances represent an opportunity cost in terms of lost interest"
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User Sahil Sonawane
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