What is opportunity cost, I look at examples and definitions, and I always don t see clearly.

Opportunity cost refers to the opportunity cost of the decision to choose one of the options that is discarded, and the opportunity cost is also known as the choice cost and alternative cost. Opportunity cost, for a commercial company, can be when a certain amount of time or resources are used to produce a commodity, and the lost opportunity to use these resources to produce other best substitutes is opportunity cost. When farmers get more land, if they choose to raise pigs, they can't choose to raise other poultry, and the opportunity cost of raising pigs is to give up the benefits of raising chickens.

Assuming that raising pigs can get a yuan and raising chickens can get a yuan, then the opportunity cost of raising pigs is b yuan, and similarly, the opportunity cost of raising chickens is a yuan.

Choose between reading a book in the library or enjoying a TV series. Then the opportunity cost of reading and learning in the library is to enjoy less of the happiness brought by TV dramas, and the opportunity cost of enjoying TV dramas is to lose what you get from reading books and learning in the library.

If a person owns a house, the opportunity cost of choosing to live in it is the income that can be obtained by renting the house to others. Because this opportunity cost does not involve an actual monetary transaction, it can also be an implicit cost.

Opportunity cost: This is the maximum value of giving up something in order to get something.

For example, if you have a house, you can take it to collect rent, or you can use it to live in yourself, and the maximum income from rent collection is 100 yuan, then you have to give up the income of 100 yuan to live in this house by yourself, which is the opportunity for you to take the house and live in it yourself.

For example, you are faced with two choices, one is a 3,000 job in a state-owned enterprise, and the other is a private company job with a monthly salary of 5,000, if you choose a state-owned enterprise, then this private company job is your opportunity cost.

The greatest benefit of the alternative is the opportunity cost of this option.

For example, if you choose to go to graduate school, you can't work, and the income from your job is your opportunity cost.

If you choose to use a piece of land for commercial housing, you can't use it to build a shopping mall, and the revenue from the shopping mall is your opportunity cost.

If you choose A as the object, you can't choose B, and the advantage of B is your opportunity cost.

In fact, this option is compared with the alternative, and if the benefit of this option is less than the alternative, it is of course a waiver of the alternative.

Opportunity cost is the next best option.

Opportunity cost refers to the opportunity cost of giving up another thing, another benefit, in order to obtain a certain benefit. For example, if your mother sends you to your grandmother's house, and your grandmother wants to give you a laptop, and your father asks you to go to your grandmother's house, your grandmother buys you a bicycle, and your sister tells you to eat KFC, so you have three options.

In fact, opportunity cost is more focused on the development of some projects in an enterprise, especially in our lives. For example, if we encounter an opportunity, or we encounter an on-board computer, the cost is very low.

It refers to giving up the value of one thing in order to get another. These examples in life are good at math, so I spend more time on math, and if I have less income, then I will make myself. If you have some work advantages, then you will focus on developing your work advantages, so that you can occupy a better ability in this area and obtain higher recognition.

Generally speaking, the one that makes the most profit out of all the possibilities that people have given up when making a choice is called the opportunity cost. And in life, there are actually not many such examples. As a simple example, if a person has a store under his name, and he chooses between opening his own store and renting out the store, then the potential benefit of opening his own store is the opportunity cost for him.

Opportunity Cost Examples:

1. When you choose to study for two hours instead of watching TV for two hours, the opportunity cost is the benefit and satisfaction gained from watching TV.

2. The opportunity cost of purchasing goods.

Xiaohong got excellent results, her mother wanted to reward her, so she asked Xiaohong, which one do you want for a mobile phone or a laptop, Xiaohong chose a laptop without hesitation, and Xiaohong's opportunity cost to get a laptop is a mobile phone.

3. The opportunity cost of tourism and play.

On weekends and holidays, Xiaohong can choose to go out to play or choose to review in the library, but Xiaohong chooses to review in the library, so the opportunity cost of Xiaohong's review in the library is the happiness brought by going out to play.

Opportunity cost refers to the opportunity for an enterprise to give up another business activity in order to engage in another business activity, or another type of income when using a certain resource to obtain a certain income. The fields of operation include Western economics and modern accounting.

Western economics refers to the economic theories and policy propositions that are popular in the developed capitalist countries of Western Europe and North America. "Western Economics" is a basic course for finance and management majors in China's colleges and universities. The development of Western economics can be divided into three main parts, namely classical economics, neoclassical economics and modern economics.

The modern accounting system, also known as the accounting method system, refers to the organic and unified whole composed of various independent and interrelated accounting methods. Including accounting methods, accounting analysis methods, accounting inspection methods, accounting methods, accounting decision-making methods and accounting control methods.

<>1. Opportunity cost refers to the maximum value of giving up something in order to get something; It can also be understood that when faced with a multi-option decision, the most valuable option to be discarded is the opportunity cost of the decision; It also refers to the highest benefits that manufacturers can obtain by investing the same factors of production in other industries.

2. For example: You originally opened a small clothing store, and you can earn 10,000 yuan per month. Now you think it's good to open a small restaurant, and you are expected to earn 30,000 yuan a month, then you have to give up the 10,000 yuan profit you can make by opening a clothing store, and the 10,000 yuan profit of the clothing store is the opportunity cost.

Opportunity cost for a commercial company can be the lost opportunity to use those resources to produce the best alternatives to produce a commodity when it uses a certain amount of time or resources; In life, there are some opportunity costs that can be measured in monetary terms. For example, when farmers get more land, if they choose to raise pigs, they cannot choose to raise chickens, and the opportunity cost of raising pigs is to give up the benefits of raising chickens; But there are some opportunity costs that are often not measurable in monetary terms, such as choosing between reading and studying at the Tuqin Library or enjoying the pleasure of a TV series.

Opportunity cost refers to the maximum value that a state has to give up something in order to get something; It can also be understood as the opportunity cost of the decision to make the decision when facing multiple options. It also refers to the manufacturer's phase.

Opportunity cost is not the cost that actually occurs, but a limited resource, when you use it for one activity, and lose the maximum benefit of using it for other activities. That is, to give up the maximum value of something in order to get something.

For example, when a boss decides to use his own money to build a car, it means that he can't use that money to produce 200 more bikes. Well, it can be said that the opportunity cost of producing one car is the abandonment of the production of 200 bicycles.

When a piece of land, you can use it to grow food, you can also use it to develop real estate, if the income from growing food is 100, and the income from developing real estate is 1000, then when you use this land to grow food, your opportunity cost is 1000, and when you use this land to develop real estate, your opportunity cost is 100.

Data development: Opportunity cost refers to the opportunity for an enterprise to give up another business activity in order to engage in a certain business activity, or another kind of income when using a certain resource to obtain a certain income. The income to be obtained from another business activity or another income is the opportunity cost of the business activity being engaged.

Through the analysis of opportunity cost, enterprises are required to correctly choose business projects in operation, based on the fact that the actual benefits must be greater than the opportunity costs, so that the limited resources can be optimally allocated.

<>1. Opportunity cost refers to the maximum value of giving up something in order to get something; It can also be understood that when faced with a multi-option decision, the most valuable option to be discarded is the opportunity cost of the decision; It also refers to the highest profit that manufacturers can obtain by investing the same factors of production in other industries.

2. For example: You originally opened a small clothing store and could earn 10,000 yuan a month. Now you think it's good to open a small restaurant, and you are expected to earn 30,000 yuan a month, then you have to give up the 10,000 yuan profit you can make by opening a clothing store, and the 10,000 yuan of clothing store profit you give up is the opportunity cost.