concept   opportunity cost
17 commonsense assertions
Cultures (17) • economics (1) • Australia (1) • Brazil (1) • Canada (1) • Chile (1) • Egypt (1) • Germany (1) • India (1) • Indonesia (1) • Kenya (1) • Mexico (1) • Nigeria (1) • Peru (1) • Singapore (1) • South Korea (1) • Switzerland (1) • United Kingdom (1)
# Concept Culture Statement Freq.
1 opportunity cost economics Opportunity cost is the value of the next best alternative foregone in decision-making and is fundamental in economics. 2
2 opportunity cost Australia In Australia, opportunity cost is influential in government policy and resource allocation. 1
3 opportunity cost Brazil In Brazil, the concept of opportunity cost is not widely integrated into the educational curriculum. 1
4 opportunity cost Canada In Canadian culture, opportunity cost is highly valued in business and career planning. 1
5 opportunity cost Chile Opportunity cost is not as extensively factored into government decision-making in Chilean culture. 1
6 opportunity cost Egypt Opportunity cost is less systematically considered in personal financial decisions in Egyptian culture. 1
7 opportunity cost Germany Opportunity cost is a factor considered in personal financial decision-making and planning in Germany. 1
8 opportunity cost India Opportunity cost is not as prominent in career and business decision-making in Indian culture. 1
9 opportunity cost Indonesia Opportunity cost is less commonly emphasized in everyday decision-making in Indonesian culture. 1
10 opportunity cost Kenya Opportunity cost is less systematically considered in personal financial decisions in Kenyan culture. 1
11 opportunity cost Mexico Opportunity cost is not widely integrated into the educational curriculum in Mexico. 1
12 opportunity cost Nigeria In Nigerian culture, opportunity cost is not as prominent in career and business decision-making. 1
13 opportunity cost Peru Opportunity cost is not as extensively factored into government decision-making in Peru. 1
14 opportunity cost Singapore The concept of opportunity cost is influential in government policy and resource allocation in Singapore's culture. 1
15 opportunity cost South Korea Opportunity cost is emphasized in South Korean education for evaluating alternative choices. 1
16 opportunity cost Switzerland Opportunity cost is a significant factor in personal financial decision-making and planning in Swiss culture. 1
17 opportunity cost United Kingdom The concept of opportunity cost is commonly used in economics and decision-making processes in the United Kingdom. 1