Opportunity Cost

In the eyes of general, all cost expenditures related tight with efforts to get certain opportunity is called as opportunity cost. Thereby, when at hook with opportunity result at effort area, so that meant with opportunity cost can be mentioned as loads or sacrifices that must be taked by somebody, person group or company in order to creat or get a certain opportunity supposed. For example, opportunity to get a job or also chance productive.
opportunity cost as be meant can happen caused by expenditure related to certain activity, for example shaped cost that taked as a repayment towards creativity or somebody energy the value is measuresed with money or certain payment related to effortss get opportunity, both for in character expenditure related to opportunity gets new project, product development or service, access to market or get new customer, defend position and market a product or watch over customer loyalty, develop service model, also opportunity to beat competition with competitors.

We know certain that any business activity that done by company related to cost. based on economy concept, meant opportunity cost alternative cost (alternatisf cost) at hooks with certain product because in dasr a goods, energy or has use or alternative use diverse. But in number and chance limited. we oblige to choose one alternative use that is alternative highest factors of production use. That's that meant with opportunity cost or alternative cost.

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