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View Full Version : Out of pocket costs and opportunity costs


cruiser2006pt
May 6, 2008, 06:06 PM
How can out-of-pocket costs and opportunity costs be applied to personal financial decisions?

morgaine300
May 7, 2008, 09:43 PM
Is this a homework question? If so, please at least make an attempt to answer it yourself first and then someone can help from there.

Fahad1
Oct 28, 2010, 05:40 PM
For instance you want to buy a TV for watching movies, however you also want to go holiday tour then you purchase a TV and left the decision to go tour it means that TV cost is out of pocket cost whereas tour enjoyment is opportunity cost