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mario050
Pridružen/-a: 20.04. 2022, 22:48 Prispevkov: 11
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Objavljeno: 20 Apr 2022 22:53 Naslov sporočila: formula for opportunity cost in 2022 |
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Opportunity Cost Formula
It’s the next best alternative to a particular option that’s been executed or is about to be executed. Usually it’s an overseas investment project.
Or a choice made by a bunch of people or a single person. To get the value of the decision made, we need to know how to calculate opportunity cost in theboomoney.
The formula for opportunity cost is:
Opportunity Cost = Total Revenue – Economic Profit
Opportunity Cost = What One Sacrifice / What One Gain
Examples of Opportunity Cost Formula
For a better understanding of the Opportunity Cost formula, let’s look at a simple example.
formula for opportunity cost in 2022
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