I'm trying to understand the concept of opportunity cost, specifically, what does it mean by 'loss of opportunity cost'? I want to know how it affects decision making in economics and finance.
6 answers
Sat Jan 11 2025
The value of this unrealized profit is significant.
Sat Jan 11 2025
To quantify it, investors often compare the actual or expected costs of their chosen path.
Sat Jan 11 2025
The concept of a lost chance or missed profit often arises in investment scenarios.
Sat Jan 11 2025
This occurs when an investor chooses a particular course of action.
Sat Jan 11 2025
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