Business & Accounting Terms : How to Define Opportunity Costs

577 views · Published 29 May 2009 · 1:05 · Indexed 20 September 2026

Channel: ehow · 2009 · Howto & Style

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Opportunity costs are defined as the difference between the money a person could have earned and the money that was actually earned. Find out how opportunity costs are created when a person chooses to spend time doing something less profitable with information from a certified public accountant in this free video on business and accounting terms.

Expert: Henry Gutter
Bio: Henry Gutter is a certified public accountant located in El Segundo, Calif.
Filmmaker: Mark Labbato

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