opportunity cost, definition of

Opportunity Cost: The cost of an economic activity foregone by the choice of another activity.

Search the Web for Opportunity Cost
What is opportunity cost?
opportunity cost definition.
About opportunity cost.

Click on a letter to see all the terms and definitions that begin with that letter.

A free Android app containing all these definitions is now available, called the Green Dictionary. Click here to see the entry on the Android market; or click here if on an Android phone.