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mario050
Se še spoznava v zasneževanju
Pridružen/-a: 12.04. 2022, 14:55
Prispevkov: 38
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 Objavljeno: 21 Apr 2022 05:14 |
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Opportunity cost is the potential benefit that a person could have received if he or she had chosen to pursue a different course of action. Opportunity cost is what you give up when you choose one option over another. For example, if you spend your afternoon playing tennis instead of working on your income tax return, then the opportunity cost is the money you would’ve made from doing your taxes.
The Idea of Opportunity Cost
the idea of opportunity cost
drives people to buy cryptocurrencies. The idea of opportunity cost drives people to buy cryptocurrencies. What this means is that if you have the option of buying a cryptocurrency, and you don’t buy it, then you are missing out on a profit that could have been yours if only you had bought it. So, the moment there is an opportunity in front of you where your potential returns could be high, the urgency to act or else lose out increases.
is introduced deadline: November 30, 2018
the idea of opportunity costs indicates that
when we make the choice to do one thing, we lose the chance to do something else. This idea is not limited to economics; it applies in all aspects of our lives.
each choice made by an individual has an opportunity cost, or a sacrifice. In the real world, these are often financial in nature – for example, if you spend $1 on a cup of coffee that could have been invested in stock markets and earned a return of $2.50 over the next year (a 50% return), then it makes sense to think of this as a loss.
source: theboomoney |
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