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機会費用 (kikaihiyou) Japanese meaning: opportunity cost | Kotomora

機き会かい費ひ用よう

き

か

い

ひ

よ

う

Meanings

1

opportunity cost

Economics term for the value of the next best alternative foregone when making a choice.

大だい学がくに進しん学がくする機き会かい費ひ用ようには

、

就しゅう

職しょく

し

て

得え

られ

た

はず

の

収しゅう

入にゅう

も

含ふく

ま

れる

。

The opportunity cost of attending university includes the income you could have earned by working.

Kanji

機loom, mechanism, machine
会meeting, meet, party
費expense, cost, spend
用utilize, business, service

Built from

機き会かい+費ひ用よう

Etymology

Compound of 機会 (opportunity) and 費用 (cost), a direct translation of the English economics term 'opportunity cost'.