cost The sacrifice created by a decision; an alterative that was not selected. For example, when you eat pizza, the cost could be a sandwich.Related Articles: How Covid Changed The Cost of LivingGlossary: cost-push inflationGlossary: economy of scaleGlossary: excise taxGlossary: interest rate Ann Mills Share This Previous Articlebilateral aid Next Articlecreative destruction December 17, 2020
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