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Do we actually need to consider opportunity cost of every financial action.

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Derin Bulo

46 Points Posted on 12 January 2023

is opportunity cost actually a loss for us. do we need to consider such a loss

Replies (2)

Quick Summary

This discussion questions the necessity of considering opportunity cost for every financial action, arguing it's not an actual loss. The core idea is that livelihood forms the foundation of business for all stakeholders. Opportunity cost is only relevant when demand outstrips supply, not as a general rule for decision-making.

Dhirajlal Rambhia

SEO Sai Gr. Hosp.

212441 Points Posted on 13 January 2023

No. Its not actual loss..

Yasaswi Gomes new

Finance

4592 Points Posted on 14 January 2023

Opportunity costs is for fools. Livlihood is the base of business entity for external and internal stakeholderz. Opportunity cost is only then when you cant meet the demand but need sales