| 单词 | opportunity cost |
| 释义 | opportunity cost opportunity cost The economic cost of an action measured in terms of the benefit foregone by not pursuing the best alternative course of action. The cost of funds, for example, must be measured in terms of the returns they could earn in the capital markets for taking the same degree of risk. Opportunity cost is an important factor in decision making (seecost-benefit analysis), although it represents costs that are not recorded in the accounts of the relevant organization. |
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