The opportunity cost

Related BrainMass Solutions

• Opportunity cost

  Opportunity cost is the price of the chosen good, relative to the next best alternative.

• Opportunity costs - fixed or variable?

  Next you need to evaluate the opportunity cost associated with the organization and decide if those opportunity cost are fixed, variable, both, or neither. What are opportunity costs? Determine if the costs are variable, fixed, both, or neither.

• Opportunity Cost

  239266 Opportunity Cost Define the term "opportunity cost."

• Macroeconomics: Opportunity cost

  What is the opportunity cost of the trip to Costa Rica? Explain how you determined your answer.

• Opportunity cost

  The opportunity cost of going to the party is the movie. c. The opportunity cost of going to the party is both the movie and the study time. d.

• Economic profit and opportunity costs

  Opportunity cost The opportunity cost or alternative costs are the returns from the second best use of the organization's resources or here in this case the individual's capability.

• Business help: Opportunity cost

  Rent paid for the use of a factory building. Opportunity cost is the price of the chosen good, relative to the next best alternative.

• Opportunity cost & make or buy decisions

  What decision would you make and how would you change the opportunity cost if you needed to? The cost of what is given up must be considered in the decision.

• Opportunity Cost Illustrated

  This involves looking at what we give up (opportunity cost) if we decide to go with plan B rather than plan A. We illustrate the economic idea of Opportunity Cost.

• Out of Pocket

  The opportunity cost or alternative costs are the returns from the second best use of the organization's resources or here in this case the individual's capability.