The linkages among the above set of problems are best understood in terms of opportunity costs
However, if the opportunity cost
is included, the costs and benefits look like the bottom box in Exhibit 2.
However, the other ninety percent of the cases have opportunity costs
It has been suggested that black teenage women have different opportunity costs
or marital market opportunities than white teenagers.
In sum, these multiple constraint and nonlinear constraint models illustrate that individuals at corner solutions may have high, though not directly observable, opportunity costs
And while going through these definitions in the first week of class may be more challenging for students than a less formal, more traditional discussion of opportunity costs
, an additional benefit of this approach is that it makes the discussion of explicit and implicit costs in the context of producer theory much easier
Sure, but not to the extent of the investment, and if you include the opportunity cost
, we're deep into the red.
Most people understand opportunity cost
at an intuitive level," he said, perhaps thinking of his wife.
Thus the opportunity cost
of the prepayment should be computed using the anticipated rate of return on taxable assets, which is, of course, almost invariably lower than the rate of return on sheltered assets (because of capital gains taxes).
In the long run, as adjustments in deposit rates caused the opportunity cost
to revert to an equilibrium, M2 velocity also tended to return to an associated stable equilibrium level.
Interest costs, and all opportunity costs
(including equity) are covered, but no excess profits are made.