about cost谁能详细说明下opportunity cost和ture cost的区别啊?You were planning to spend Saturday working at your part-time job,but a friend asksyou to go skiing.What is the true cost of going skiing?Now suppose you had beenplanning to spen
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about cost谁能详细说明下opportunity cost和ture cost的区别啊?You were planning to spend Saturday working at your part-time job,but a friend asksyou to go skiing.What is the true cost of going skiing?Now suppose you had beenplanning to spen
about cost
谁能详细说明下opportunity cost和ture cost的区别啊?You were planning to spend Saturday working at your part-time job,but a friend asks
you to go skiing.What is the true cost of going skiing?Now suppose you had been
planning to spend the day studying at the library.What is the cost of going skiing in this
case?Explain.
about cost谁能详细说明下opportunity cost和ture cost的区别啊?You were planning to spend Saturday working at your part-time job,but a friend asksyou to go skiing.What is the true cost of going skiing?Now suppose you had beenplanning to spen
basically,opportunity cost equals the sum of true cost and the benefit of the second best choice.
For example,in the first case,your true cost is just the transportation cost and the entry fees for skiing.However,your opportunity is higher,because you would have earned some cash if you had gone for the part-time job.So your opportunity cost equals the sum of the salary of the part-time job and the true cost.
In the second case,your second best choice is to study in the library.You don't lose anything for not doing that.So your opportunity cost equals your true cost under this situation.