Questions tagged [opportunity-cost]

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9
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7answers
1k views

Piracy/File sharing - Why aren't songs, movies or ebooks given for free (+ads) like TV?

Update: I have spent 750 reputation points for bounties on this 6 year old question, and it looks like ONLY NOW this question might be closed. LOL. this must be such a huge guinness book of stackex ...
2
votes
2answers
346 views

What is an opportunity cost?

Mankiw's definition and explanation of opportunity cost here is confusing. Since when have explicit costs become part of opportunity cost? Here is what the guide says: The concept of opportunity ...
1
vote
1answer
189 views

Have any economists ever argued that the notion of opportunity cost should be done away with?

I hold the opinion that the notion of opportunity cost "muddies the intellectual waters" so to speak, and I'd like to know if any professional economists have expressed this sentiment, or similar. ...