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opportunity cost

/ˌɒpəˈtjuːnəti kɒst/noun

उच्चारण ऑपट्यूनटी कॉस्ट

अवसर लागत

Advanced word

noun
  1. 1

    [C, U] economics

    the value of the best thing that you give up when you choose to do or have something else

    अवसर लागत

    • The opportunity cost of a full-time course is the salary you could have earned.
    • Radhika weighed the opportunity cost of taking a year off to prepare for the exam.
§Grammar and usage

Usage: opportunity cost is not the money spent but the value of the next best choice that is given up.

Usage में opportunity cost खर्च किया गया पैसा नहीं, बल्कि छोड़े गए अगले सबसे अच्छे विकल्प का मूल्य है।