Difference between revisions of "Opportunity cost"
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m (Protected "Opportunity cost" ([edit=sysop] (indefinite) [move=sysop] (indefinite))) |
m (Removed protection from "Opportunity cost") |
(No difference)
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Latest revision as of 11:01, 10 January 2013
An opportunity cost is the expected loss in future revenue from selling a unit of product now rather than reserving it for a future sale.
It applies only to products/services with limited inventory or replenishment constraints.