Opportunity Cost
Opportunity cost refers to the value of the next best alternative that must be given up in order to pursue a certain action. For example, if you decide to go to college, the opportunity cost may be the money you could have earned by working instead of going to school. Continue Reading Below
Encyclopedia Articles
Discover the definition of financial terms related to opportunity cost.
What Is The Production Possibility Frontier (PPF) In Economics?
SuperMoney Team
Implicit Cost Explained: Definition and Examples
Alessandra Nicole
What Is the Opportunity Cost of Capital?
Taylor Marks
Cash Position: Insights, Strategies, and Examples
SuperMoney Team
Holding Costs in Inventory Management: Definition, Strategies, and Practical Examples
Alessandra Nicole
The Marginal Rate of Transformation (MRT): Understanding, Calculation, and Real-World Applications
Abi Bus
Free Lunch Myth: Understanding, Examples, and Realities
Silas Bamigbola
Cost of Carry: Definition, Examples, and Strategic Insights
SuperMoney Team
The Sunk Cost Trap: Understanding its Impact, Strategies, and FAQs
Abi Bus
Understanding Dead Money: Definition, Impact, and Strategies
Abi Bus
Learn About Opportunity Cost
Home Equity or Personal Savings for Business: Which Is the Smarter Risk?
Andrew Latham
Auto Loan vs. Paying Cash: What’s the Smarter Way to Buy a Car?
Andrew Latham
Personal Loans vs. 401(k) Loans: Which Is Best For You?
Stu Lustman
Is It Smart To Pay Off A Personal Loan Early?
Benjamin Locke
144-Month Auto Loan: 3 Main Pros and Cons
Ben Luthi
Why Commuting to Work Is a Really Bad Idea
Audrey Henderson