In those days, one pineapple would cost today's equivalent to $8,000 dollars!
View moreHow much does it cost to make these pineapples?
View moreHowever with the manpower over the course of the 2 years it takes to grow a pineapple, the cost to make each pineapple is $1,300.
View moreOn the plus side, at least the legacy of these pineapples will make us appreciate the lowly cost of our standard Dole pineapples at the grocery store!
View moreHe increased the sales by 45% in the first year by offering lower prices on products that he purchased from lower cost suppliers.
View moreIt cost ¥5,000 (approx.50USD ).
View moreSome services on the Internet cost nothing to use.
View moreThings that cost lots of money (like houses and cars) will generally not be bought entirely with cash.
View moreThis greater number of providers makes the supply go up, which forces the price down toward the cost of production and distribution.
View moreOpportunity cost is the value of the next best thing you give up whenever you make a decision.
View moreThe idea of an opportunity cost was first begun by John Stuart Mill.
View moreThe utility has to be more than the opportunity cost for it to be a good choice in economics.
View moreFor example, opportunity cost is how much leisure time we give up to work.
View moreBy choosing to go to university, your opportunity cost is losing your job and your pay check.
View moreEven though going back to university has a big opportunity cost, many people think it is a good decision because increased education gives you more job opportunities.
View moreAnd in the other words " Opportunity Cost " can be termed as cost of forgone alternatives or cost of shifting from one opportunity to the other.
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