Linked from

The 64 pages that link to Opportunity cost, each with the reason it gives.

• Cost–benefit analysisRelated: It captures what resources could have produced in their next-best use.

• Consumer surplusRelated: A buyer’s willingness to pay reflects the value of alternatives sacrificed for a purchase.

• Military–industrial complexRelated: Military spending competes with other public priorities for limited resources.

• Arms raceRelated: Resources devoted to military expansion cannot be spent on other public priorities.

• Olympic legacyRelated: Public spending on the Games can be compared with services or projects not funded.

• Neoclassical economicsRelated: Scarcity makes every modeled choice carry a cost in forgone alternatives.

• Capital budgetingRelated: A project’s true cost includes the value of resources that could have been used elsewhere.

• Cost-effectiveness analysisRelated: Health gains from one intervention must be weighed against what the same resources could achieve elsewhere.

• Producer surplusRelated: A seller’s minimum acceptable price reflects what production sacrifices elsewhere.

• Marginal costRelated: A full marginal-cost calculation includes resources' value in their next-best use.

• ScarcityRelated: Choosing one scarce resource use means giving up its next-best alternative.

• Environmental economicsRelated: Environmental protection has opportunity costs that matter in evaluating policy choices.

• Chicago school of economicsRelated: Chicago analysis uses opportunity cost to explain choices even where money prices are absent.

• Economic rentRelated: The next-best use sets the minimum compensation needed to keep a resource in its current use.

• Technical debtRelated: Choosing a quick implementation can defer improvements whose benefits are thereby lost.

• Willingness to payRelated: Money offered for a purchase cannot be spent on the buyer’s next-best alternative.

• InvestmentRelated: An investment's true cost includes what the committed resources could have earned elsewhere.

• Make-or-buy decisionRelated: Internal production consumes capacity that could create value elsewhere.

• Agricultural economicsRelated: Farmers compare competing uses of land, labor, capital, and time.

• Budget constraintRelated: Spending more on one good leaves fewer resources for alternatives.

• EconomicsRelated: It measures what a decision gives up, not merely what it spends.

• Poverty trapRelated: Immediate survival needs can make education or long-term investment prohibitively costly.

• Resource allocationRelated: Every allocation uses resources that could have served another purpose.

• Time value of moneyRelated: Using money now sacrifices returns it might earn elsewhere.

• William Stanley JevonsRelated: Jevons’s account of exchange connects the value of a good to what must be given up for it.

• Health economicsRelated: Healthcare spending uses resources that could have produced other health gains or supported other services.

• Intertemporal choiceRelated: Choosing a delayed outcome can mean giving up what is available sooner.

• Profit maximizationRelated: A firm's costs include the returns its resources could earn elsewhere.

• Carl MengerRelated: Menger’s account of choice gives up alternatives as people allocate scarce goods.

• Heckscher–Ohlin modelRelated: Comparative advantage depends on relative opportunity costs across goods.

• Marginal analysisRelated: A change's true marginal cost includes the value of what it displaces.

• Present valueRelated: The return forgone by waiting helps determine the discount rate.

• ProfitRelated: Economic profit subtracts this cost even when no payment appears in the accounts.

• Subjective theory of valueRelated: A good’s value is revealed partly by what someone is willing to give up for it.

• Economic efficiencyRelated: Using a resource efficiently requires accounting for what its next-best use would produce.

• Financial return on investmentRelated: An ROI comparison can overlook what the same capital might earn elsewhere.

• IncentiveRelated: An incentive changes a choice partly by changing what must be given up.

• NecessityRelated: Assessing whether a measure is necessary requires comparing it with alternatives and their costs.

• Production–possibility frontierRelated: Moving along the frontier trades some output of one good for more of another.

• PriceRelated: A purchase price is one part of the sacrifice involved in choosing.

• Resource managementRelated: Spending a resource on one action rules out other uses for it.

• Bid-rent theoryRelated: A site is allocated to the use willing to outbid its alternatives.

• Gary BeckerRelated: Time costs helped Becker explain choices about education, crime, and household production.

• Marginal revolutionRelated: Marginal choices compare gains with the alternatives sacrificed.

• Value TheoryRelated: Foregone alternatives shape both production decisions and willingness to pay.

• Time managementRelated: Spending time on one task means forgoing other possible uses of that time.

• Variable costRelated: It may matter to a decision even though it is not a recorded variable expense.

• Austrian school of economicsRelated: It connects purposeful choice to the costs that guide Austrian accounts of production.

• Production (economics)Related: Choosing inputs or outputs sacrifices other possible uses of scarce resources.

• Business economicsRelated: A business decision must be judged against the returns its resources could earn elsewhere.