Next time you're considering an investment to grow your business, consider the opportunity cost
of your current website and marketing programs, and be sure to address these needs with your provider.
Based on this information, what is the opportunity cost
of seeing Eric Clapton?
But, as noted earlier, opportunity costs
, unlike many other financing costs, can be variable and uncertain.
These implicit costs are opportunity costs
, such as the value of an owner's time, unrecognized in the firm's accounting records but crucial for economic decision making.
If the cost allocations provide a good proxy for opportunity costs
, both of these measures should be similarly distributed across the three product lines.
In summary, a WTST will not be feasible, it will not accrue, the results will not actually assist in clinical practice, and the real costs plus opportunity costs
are too high.
To discover opportunity costs
, first consider all of the government resources that are used by the proposed project-land, employee time, facilities, etc.
Next, we broke the results down to examine whether the investor's utility function would account for any differences in the opportunity costs
In turn, opportunity costs
are benefits foregone by not investing in a specific project.
In the first quarter, the velocity of M2 (defined as the ratio of nominal GDP to M2) increased a little more than might have been anticipated from its recent relationship to the opportunity cost
of holding M2 -- the interest earnings forgone by owning M2 assets rather than market instruments such as Treasury bills.
You cannot explore the best use of your resources, the so-called opportunity costs
of each dollar, unless you have that dialogue.
Two other costs to consider are opportunity costs
and sunk costs.