|PlanningSkills.COM||Monday, December 10, 2018 UTC|
Content Channels:Ask Dan!
Site InformationAbout Us
For example, attending college includes direct and opportunity costs. Assume tuition is $30,000 for one year and that you are foregoing a $40,000 salary that you could have been earning. The opportunity cost is $40,000 and so the real cost of attending college is $70,000.
Assessing opportunity costs is necessary to evaluate the true cost of a course of action.
|Home | About Us | What's New|
|Copyright © 2004-15 by D. J. Power (see his home page). PlanningSkills.COMsm is maintained by Alexander P. and Daniel J. Power. Please contact them at email@example.com with questions. See disclaimer and privacy statement. This page was last modified on December 8, 2015.|