Opportunity cost/Related Articles
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- Absolute advantage [r]: An explanation of international trade proposed by Adam Smith in 1776 in his Wealth of Nations. [e]
- Discounted cash flow [r]: Method of valuing a project, company, or asset using the concepts of the time value of money. [e]
- Economics [r]: The analysis of the production, distribution, and consumption of goods and services. [e]
- IS-LM model [r]: Model of simultaneous equilibrium in the product and money markets - shown graphically as two intersecting interest rate/spending graphs, one depicting the investment/savings (I/S) relation and the other the liquidity/money (L/M) supply relation (also known as the Hicks-Hansen model). [e]
- Entropy of a probability distribution [r]: A number that describes the degree of uncertainty or disorder the distribution represents. [e]
- Opportunity Cost [r]: Add brief definition or description
- Discount rate [r]: (i) The percentage by which current value exceeds value in a year's time. (ii) The rate at which banks may borrow at their central bank's discount window. [e]
- OCLC [r]: A nonprofit, membership, computer library service and research organization, founded in 1967 as the Ohio College Library Center. [e]