The point of all of this, for any business or organization, is that there is a huge potential opportunity cost
associated with a lack of understanding of the power of your website.
Excluding interest and opportunity cost
, purchased feed and homegrown forage accounted for 36.
The purpose of the survey was to assess the respondent's understanding of opportunity cost
, arguably one of the most important concepts in the introductory economics curriculum.
As I mentioned earlier, opportunity costs
can be caused by various financing-imposed limitations that can impact both equity capital requirements and company operating margins.
Various consulting firms have used techniques along the lines suggested herein to resolve the problem by attributing the relevant opportunity costs
to fixed costs formerly assumed to be sunk.
The illogical result of negative opportunity costs
The opportunity cost
of a vacant assisted living unit will typically be about $24,000 per year (see "Opportunity cost
of vacant units," right).
There must be a meaningful assessment of the opportunity costs
of a large, simple, but expensive WTST.
If opportunity costs
are not included as costs, then some proposals may appear to be better just because they use existing government resources.
Table 2 provides the opportunity costs
of the E-V approximation for the data sets.
The kinds of projects involved, the complexity of benefits, and the presence of opportunity costs
have all contributed to make the evaluation problem more difficult.
Since mid-1994, the velocities have been moving more nearly in line with their historical patterns with respect to changes in opportunity costs
-- albeit at higher levels.