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    cruiser2006pt's Avatar
    cruiser2006pt Posts: 2, Reputation: 1
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    #1

    May 6, 2008, 06:06 PM
    Out of pocket costs and opportunity costs
    How can out-of-pocket costs and opportunity costs be applied to personal financial decisions?
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #2

    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's Avatar
    Fahad1 Posts: 1, Reputation: 1
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    #3

    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

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