Opportunity Cost

Definition: An accounting/economics term referring to the value of something given up to pursue something else.

TeenAnalyst Advice: An example of opportunity cost would be going to the movies.  The cost of going to the movie is $9.00 or whatever ridiculous amount of money your movie theater charges.  The opportunity cost would be something else you could have done with that time, such as studying.

Accountants and economists must weight opportunity costs when making decisions.

lol said:

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paul said:

what is the opportunity cost?

OMG said:

ZOMG I LOVE OPPORTUNITY COST! eCoNoMiCs rOcK@!!@!!!!1! ahhhh!!!!! i'm high on economy!!!

wtf said:

I FREAKING WANTED A SHORT DEFINITION OF FLIPPIN OPPORTUNITY COST WTF IS WRONG W/ YOU PEOPLE!?!?!?!

wtf said:

haha...i found it...

GeOrGe said:

hey guys guess what? chicken butt

teehee said:

lol you're so coool i love you.

wtf said:

wtf you people need a freaking life, stop commenting on this site.

Wowzers Wilma said:

this site makes my teen analyzation SOO easy! i am going to tell ALL of my nerdy friends about this site!

spam said:

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