Opportunity Cost

Views Updated: Dec 15, 2025

Key Facts

Abbreviation
OC
Pronunciation
/ˌɑpərˈtunəti kɔst/
Category
Business
Related Field
General

Examples in Context

  1. The opportunity cost of an item is what you give up to obtain that item.
  2. We can apply the opportunity cost theory to find out the value of youth, healthy body and mind.
  3. Taxing interest the opportunity cost of present consumption and thereby creates incentives to lower saving.
  4. Opportunity cost expresses the idea that for every choice, the true economic cost is the next best opportunity.
  5. That's because when bankers ' bonuses fall the opportunity cost of doing an MBA is reduced.

Other meanings of OC

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Organized Crime Gov
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Oral Contraceptive Medical
Orange County (California) Gov
Organizing Committee Community
Original Character Community
O Canada Community
Ocean City Regional