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Concept information

Término preferido

opportunity costs  

Definición

  • Opportunity cost is defined as the value given up by selecting one of a group of mutually exclusive alternatives. The fundamental economic problem is one of scarcity. [Source: Encyclopedia of Business Ethics and Society; Opportunity Cost]

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URI

http://data.loterre.fr/ark:/67375/N9J-Z1S8XJH3-N

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