Cryptocurrency Q&A Can opportunity cost be zero?

Can opportunity cost be zero?

Giulia Giulia Tue Jan 14 2025 | 6 answers 1474
I'm wondering if opportunity cost can ever be zero. Is it possible to have a situation where making a choice doesn't result in any loss of potential benefits from alternative options? Can opportunity cost be zero?

6 answers

Emanuele Emanuele Thu Jan 16 2025
When resources are abundant, the opportunity cost is zero.

Was this helpful?

307
53
noah_smith_researcher noah_smith_researcher Thu Jan 16 2025
This implies that individuals incur minimal expenses while pursuing their desires.

Was this helpful?

273
37
BonsaiGrace BonsaiGrace Thu Jan 16 2025
The concept of opportunity cost arises due to scarcity.

Was this helpful?

280
91
Lucia Lucia Wed Jan 15 2025
Scarcity forces individuals to make decisions about resource allocation.

Was this helpful?

225
75
JejuJoyfulHeartSoulMate JejuJoyfulHeartSoulMate Wed Jan 15 2025
These decisions are aimed at maximizing returns.

Was this helpful?

196
32
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts