opportunity cost

简明释义

机会成本

英英释义

The loss of potential gain from other alternatives when one alternative is chosen.

当选择一个替代方案时,其他替代方案的潜在收益损失。

例句

1.Starting a new business requires capital, and the opportunity cost 机会成本 includes the salary you forgo from your current job.

创业需要资金,而 机会成本 opportunity cost 包括你放弃的当前工作的薪水。

2.When deciding between investing in stocks or bonds, the opportunity cost 机会成本 of choosing one over the other can significantly affect your overall returns.

在决定投资股票或债券时,选择其中一个的 机会成本 opportunity cost 可能会显著影响你的整体回报。

3.If you spend your evenings watching TV instead of studying, the opportunity cost 机会成本 is the knowledge you could have gained.

如果你晚上看电视而不是学习,那么 机会成本 opportunity cost 是你本可以获得的知识。

4.When you decide to buy a new car, the opportunity cost 机会成本 is the investment opportunities you miss out on by spending that money.

当你决定买一辆新车时,机会成本 opportunity cost 是你通过花费这笔钱而错过的投资机会。

5.Choosing to travel during your vacation means that the opportunity cost 机会成本 is the money you could have saved for future investments.

选择在假期旅行意味着 机会成本 opportunity cost 是你本可以为未来投资节省的钱。

作文

The concept of opportunity cost is fundamental in economics and decision-making. It refers to the value of the next best alternative that is foregone when a choice is made. Understanding opportunity cost can significantly impact both personal and professional decisions, helping individuals and organizations allocate resources more effectively.For instance, consider a student who has a choice between studying for an important exam or going out with friends. If the student decides to study, the opportunity cost is the enjoyment and social interaction lost by not going out. Conversely, if the student chooses to go out, the opportunity cost would be the potential benefits of higher grades and knowledge gained from studying. This simple example illustrates how every choice we make comes with a trade-off, highlighting the importance of evaluating what we are giving up.In the business world, opportunity cost plays a crucial role in strategic planning and resource allocation. For example, if a company decides to invest in new technology, the opportunity cost might be the alternative projects that could have been funded with the same capital. By analyzing opportunity cost, businesses can make informed decisions that maximize their returns and minimize losses.Moreover, understanding opportunity cost can lead to better time management. Individuals often find themselves overwhelmed with tasks, and recognizing the opportunity cost of spending time on one activity over another can help prioritize effectively. For instance, if a person spends an hour watching television instead of working on a project that could lead to a promotion, the opportunity cost is not just the hour wasted but also the potential career advancement lost.In personal finance, the principle of opportunity cost is equally significant. When deciding whether to save money or spend it, individuals must consider what they are sacrificing by choosing one option over the other. Saving money might lead to future financial security and investment opportunities, while spending it now could provide immediate satisfaction but at the cost of long-term benefits. By understanding opportunity cost, individuals can make better financial decisions that align with their goals.Furthermore, the concept of opportunity cost extends beyond individual choices to societal issues as well. Policymakers must consider the opportunity cost of their decisions, such as allocating funds to education versus healthcare. Each decision has far-reaching implications, and understanding the trade-offs involved can lead to more effective governance.In conclusion, the idea of opportunity cost is essential for making informed decisions in various aspects of life. Whether in personal choices, business strategies, or public policy, being aware of what is sacrificed when one option is chosen over another can lead to better outcomes. By incorporating the understanding of opportunity cost into our decision-making processes, we can improve our ability to evaluate alternatives and ultimately make choices that align with our values and goals.

“机会成本”这一概念在经济学和决策中是基础性的。它指的是在做出选择时放弃的下一个最佳替代品的价值。理解“机会成本”可以显著影响个人和职业决策,帮助个人和组织更有效地分配资源。例如,考虑一个学生,他有选择在重要考试前学习或与朋友外出的机会。如果学生决定学习,那么“机会成本”就是不出去的乐趣和社交互动。相反,如果学生选择外出,“机会成本”将是通过学习获得的更高成绩和知识的潜在收益。这个简单的例子说明了我们所做的每一个选择都伴随着权衡,突显了评估我们所放弃的东西的重要性。在商业世界中,“机会成本”在战略规划和资源分配中发挥着至关重要的作用。例如,如果一家公司决定投资新技术,那么“机会成本”可能是可以用同样的资金支持的替代项目。通过分析“机会成本”,企业可以做出明智的决策,从而最大化回报并最小化损失。此外,理解“机会成本”可以带来更好的时间管理。个人常常发现自己被任务压得喘不过气来,而认识到在一项活动上花费时间而不是另一项活动的“机会成本”可以帮助有效地优先排序。例如,如果一个人花一个小时看电视而不是在一个可能导致晋升的项目上工作,那么“机会成本”不仅是浪费的一个小时,还有可能失去的职业发展机会。在个人理财方面,“机会成本”原则同样重要。当决定是存钱还是花钱时,个人必须考虑选择一个选项而牺牲的东西。存钱可能会导致未来的财务安全和投资机会,而现在花钱可能会提供即时满足,但却以长期利益为代价。通过理解“机会成本”,个人可以做出更符合自身目标的财务决策。此外,“机会成本”的概念不仅限于个人选择,还扩展到社会问题。政策制定者必须考虑他们决策的“机会成本”,比如将资金分配给教育与医疗保健之间的选择。每个决策都有深远的影响,理解其中的权衡可以导致更有效的治理。总之,“机会成本”的概念对于在生活的各个方面做出明智的决策至关重要。无论是在个人选择、商业策略还是公共政策中,意识到当选择一个选项而放弃另一个选项时所牺牲的东西,可以导致更好的结果。通过将对“机会成本”的理解融入我们的决策过程中,我们可以提高评估替代方案的能力,并最终做出与我们的价值观和目标相一致的选择。