Opportunity cost
.Opportunity cost. When referring to "economics, listen to and will also look confused, but if the description means will find that economics is a science which studies the selection way of production resource. Inherent limits.The economics explain and understand that nothing comes for free. It's all costs. That means if we have one thing. At the same time, it lost one. Like the song of the Songhai Empire, the brothers.In economics as well. To be a case to die to spite the graveyard. This "cost opportunity cost"
.Opportunity cost (Opportunity cost) is the value of the benefits from the activities that losing the chance to go to choose one activity at Available options preferred option. But can not choose at the same time, for example, Mr. a.Choose to wake up early than usual 1 - 2 hours in the morning to go exercise. Time spent exercising of make you.Lose the chance to sleep. Or even a select study in class master of new graduates in the hosiery bachelor degree The study gives the student the opportunity cost of income from work
.To consider the opportunity cost is the most important difference of economic cost and cost accounting. Opportunity cost is the actual cost to do any activities.(and can't see if computational accounts), however, calculate the opportunity cost that most difficult. It is calculated from the prediction that didn't really happen!
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