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单词 opportunity cost
释义

Definition of opportunity cost in English:

opportunity cost

noun
Economics
  • The loss of other alternatives when one alternative is chosen.

    〔经济〕机会成本

    idle cash balances represent an opportunity cost in terms of lost interest
    Example sentencesExamples
    • Gold held as reserves by a Central Bank has an opportunity cost.
    • That's the opportunity cost of domestically produced software.
    • On the other hand, the lower yield curve also implies a lower opportunity cost of waiting to invest, due to the lower short-term rate.
    • As incomes rise and the opportunity cost of performing menial labor changes, fewer people will want to work as servants.
    • For now, we will assume that the opportunity cost of their time is $5, which now gives them a residual of $5.

Definition of opportunity cost in US English:

opportunity cost

noun
Economics
  • The loss of potential gain from other alternatives when one alternative is chosen.

    〔经济〕机会成本

    idle cash balances represent an opportunity cost in terms of lost interest
    Example sentencesExamples
    • For now, we will assume that the opportunity cost of their time is $5, which now gives them a residual of $5.
    • On the other hand, the lower yield curve also implies a lower opportunity cost of waiting to invest, due to the lower short-term rate.
    • Gold held as reserves by a Central Bank has an opportunity cost.
    • As incomes rise and the opportunity cost of performing menial labor changes, fewer people will want to work as servants.
    • That's the opportunity cost of domestically produced software.
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更新时间:2024/12/27 3:49:03