opportunity cost Antonyms
No Synonyms and anytonyms found
Meaning of opportunity cost
Wordnet
opportunity cost (n)
cost in terms of foregoing alternatives
opportunity cost Sentence Examples
- The opportunity cost of pursuing a college degree is the potential income you would have earned if you had entered the workforce immediately.
- Sarah chose to take a part-time job instead of pursuing a full-time career, resulting in a significant opportunity cost for her financial goals.
- The opportunity cost of investing in stocks is the returns you could have earned from alternative investments, such as bonds or real estate.
- The company's decision to expand into a new market has a high opportunity cost, as it requires significant capital and resources that could be allocated elsewhere.
- By prioritizing immediate gratification over long-term savings, individuals incur a high opportunity cost in terms of future financial security.
- The opportunity cost of choosing a specific career path includes the salaries and benefits that could have been earned in other professions.
- When deciding between multiple business ventures, investors must carefully consider the opportunity cost of each one.
- The opportunity cost of starting a new business is the potential profits that could have been generated from an existing or alternative venture.
- Students who take on part-time jobs during their studies have a reduced opportunity cost for higher education, as they sacrifice time and effort that could be spent on their studies.
- Individuals often face the opportunity cost of choosing between leisure time and productive pursuits, such as work or education.
FAQs About the word opportunity cost
cost in terms of foregoing alternatives
No synonyms found.
No antonyms found.
The opportunity cost of pursuing a college degree is the potential income you would have earned if you had entered the workforce immediately.
Sarah chose to take a part-time job instead of pursuing a full-time career, resulting in a significant opportunity cost for her financial goals.
The opportunity cost of investing in stocks is the returns you could have earned from alternative investments, such as bonds or real estate.
The company's decision to expand into a new market has a high opportunity cost, as it requires significant capital and resources that could be allocated elsewhere.
