Tag: opportunity cost
Opportunity cost
Opportunity cost is a key concept in economics (Buchanan, 1987; Crowards, 1998). The opportunity cost is the net benefit forgone, because the resource providing the service can no longer be …
Opportunity cost is a key concept in economics (Buchanan, 1987; Crowards, 1998). The opportunity cost is the net benefit forgone, because the resource providing the service can no longer be …
The project ENVJUSTICE has received funding from the European Research Council (ERC) under the European Union’s Horizon 2020 research and innovation programme (grant agreement No. 695446)