opportunity costing

简明释义

机会成本计算

英英释义

例句

1.Choosing to pursue a master's degree may involve opportunity costing 机会成本 related to lost income during the study period.

选择攻读硕士学位可能涉及与学习期间失去的收入相关的机会成本。

2.When deciding to invest in stocks instead of bonds, the investor must consider the opportunity costing 机会成本 involved in missing out on potential bond interest.

当决定投资股票而不是债券时，投资者必须考虑错过潜在债券利息所涉及的机会成本。

3.The opportunity costing 机会成本 of choosing to work overtime is the leisure time you could have enjoyed.

选择加班的机会成本是你本可以享受的闲暇时间。

4.If you spend your savings on a vacation, the opportunity costing 机会成本 is the investment returns you could have earned instead.

如果你把储蓄花在度假上，机会成本就是你本可以获得的投资回报。

5.In business, the opportunity costing 机会成本 of using funds for one project means those funds cannot be used for another potentially profitable venture.

在商业中，将资金用于一个项目的机会成本意味着这些资金无法用于另一个可能盈利的项目。

作文

Opportunity cost is a fundamental concept in economics that helps individuals and businesses make informed decisions. It refers to the value of the next best alternative that must be forgone when making a choice. In other words, when you decide to allocate your resources to one option, you are implicitly giving up the opportunity to pursue another potentially beneficial alternative. Understanding opportunity costing (机会成本) is essential for effective decision-making, whether in personal finance, business strategy, or resource allocation.To illustrate the concept of opportunity costing (机会成本), consider a simple example: Imagine you have $1,000 to invest. You can either invest in a stock that you believe will yield a 10% return over the year or put the money into a savings account with a guaranteed 2% interest rate. If you choose to invest in the stock, the opportunity cost of that decision is the 2% return you would have earned from the savings account. Conversely, if you choose the savings account, the opportunity cost is the potential 10% return from the stock investment.In business, opportunity costing (机会成本) plays a crucial role in strategic planning and resource management. Companies must constantly evaluate their options to maximize profits and minimize losses. For instance, a company may have a limited budget to spend on marketing. If it decides to allocate funds to a social media campaign, the opportunity cost could be the potential sales generated from a more traditional advertising method, such as television commercials. By considering opportunity costing (机会成本), businesses can make better choices that align with their overall goals and objectives.Moreover, understanding opportunity costing (机会成本) can help individuals make smarter personal finance decisions. For example, if someone chooses to spend their savings on a luxury vacation instead of investing in their education, they need to weigh the benefits of the vacation against the long-term financial gains from furthering their education. The opportunity cost in this scenario is the potential increase in income that could result from obtaining a higher degree.In conclusion, opportunity costing (机会成本) is a critical concept that influences decision-making across various aspects of life. By recognizing the value of what is sacrificed when choosing one option over another, individuals and businesses can make more informed and strategic choices. Whether it’s investing money, allocating resources, or planning for the future, understanding opportunity costing (机会成本) can lead to more favorable outcomes and ultimately contribute to success in both personal and professional endeavors.