opportunity cost
Concise Oxford English Dictionary © 2008 Oxford University Press:
opportunity cost
▶noun Economics the loss of other alternatives when one alternative is chosen.
'opportunity cost' also found in these Oxford entries:
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opportunity costConcise Oxford English Dictionary © 2008 Oxford University Press: opportunity cost ▶noun Economics the loss of other alternatives when one alternative is chosen. 'opportunity cost' also found in these Oxford entries:
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