Examlex
For a household,the opportunity cost of not working is the
Interest Rate
The amount charged, expressed as a percentage, by a lender to a borrower for the use of assets.
Sunk Costs
Expenses that have already been incurred and cannot be recovered.
Lack
The state of being without something or not having enough of it.
Understanding
The process of comprehending or grasping the meaning, significance, or nature of something.
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