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Cryptocurrency Q&A What is the difference between opportunity cost and replacement cost?

What is the difference between opportunity cost and replacement cost?

Martino Martino Tue Jan 21 2025 | 7 answers 994
I am trying to understand the distinction between two economic concepts: opportunity cost and replacement cost. Could someone explain the differences between them? What is the difference between opportunity cost and replacement cost?
opportunity cost replacement cost difference

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Related questions

  1. Is opportunity cost what must be given up in order to something else?
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