Examlex
The cost types shown above are identified by behavior as:
Opportunity Cost
The cost of the next best alternative forgone as a result of making a particular choice.
Oil Change
An oil change is the process of draining old motor oil from a vehicle's engine and replacing it with new, clean oil to maintain engine performance.
Writing a Poem
The artistic process of expressing emotions, thoughts, or experiences through the structured use of language, rhythm, and imagery to create a literary work.
Opportunity Cost
The expense associated with not choosing the second-best option during the decision-making process.
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