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  2. Production–possibility frontier - Wikipedia

    en.wikipedia.org/wiki/Production–possibility...

    In the context of a PPF, opportunity cost is directly related to the shape of the curve (see below). If the shape of the PPF curve is a straight-line, the opportunity cost is constant as the production of different goods is changing. But, opportunity cost usually will vary depending on the start and end points.

  3. Opportunity cost - Wikipedia

    en.wikipedia.org/wiki/Opportunity_cost

    In microeconomic theory, the opportunity cost of a choice is the value of the best alternative forgone where, given limited resources, ...

  4. Guns versus butter model - Wikipedia

    en.wikipedia.org/wiki/Guns_versus_butter_model

    The cost of one modern heavy bomber is this: a modern brick school in more than 30 cities. It is two electric power plants, each serving a town of 60,000 population. It is two fine, fully equipped hospitals. It is some fifty miles of concrete pavement. We pay for a single fighter plane with a half million bushels of wheat.

  5. What is Opportunity Cost? - AOL

    www.aol.com/news/2013-04-01-financial-literacy...

    Opportunity cost is also often defined, more specifically, as the highest-value opportunity forgone. So let's say you could have become a brain surgeon, earning $250,000 per year, instead of a ...

  6. Reduced cost - Wikipedia

    en.wikipedia.org/wiki/Reduced_cost

    In linear programming, reduced cost, or opportunity cost, is the amount by which an objective function coefficient would have to improve (so increase for maximization problem, decrease for minimization problem) before it would be possible for a corresponding variable to assume a positive value in the optimal solution.

  7. Managerial economics - Wikipedia

    en.wikipedia.org/wiki/Managerial_economics

    Opportunity cost; The opportunity cost of a choice is the foregone benefit of the second best choice. [19] Determining the opportunity cost requires detailing the costs and benefits of each action the business is considering to pursue, and the cost of choosing one activity over another. [20]

  8. Diminishing returns - Wikipedia

    en.wikipedia.org/wiki/Diminishing_returns

    Similarly, if the third kilogram of seeds yields only a quarter ton, then the marginal cost equals per quarter ton or per ton, and the average cost is per 7/4 tons, or /7 per ton of output. Thus, diminishing marginal returns imply increasing marginal costs and increasing average costs. Cost is measured in terms of opportunity cost. In this case ...

  9. DeepSeek Tech Sell-Off: 2 Oversold Mag 7 Stocks to Buy Up

    www.aol.com/deepseek-tech-sell-off-2-201503841.html

    The red crashing market volatility of crypto trading with technical graph and indicator, red candlesticks going down without resistance, market fear and downtrend. Cryptocurrency background ...