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Euro - the common currency - act as a formidable cement for european economies

Euro - the common currency - act as a formidable cement for european economies Euro - the common currency - act as a formidable cement for european economies
Source: David Plunkert via Pinterest
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Euro is above all an incredible cement in how countries are functioning, in how economies are functioning.

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Opportunity cost : when making a choice about anything, you should consider if resources that will be used would not be better employed elsewhere Opportunity cost : when making a choice about anything, you should consider if resources that will be used would not be better employed elsewhere

The opportunity cost (or alternative cost) is an economic concept that considers the cost of not doing an activity so that to use its resources to achieve another one.

These costs are not counted as such but are taken into account in the decision-making process.

The opportunity cost translates as the company's decision to allocate one available resource to one project rather than another in order to make the best possible gain. In in the example above, if the company decides to assign its production tool to the X model to the detriment of the Y model, and retains the B2 option for some strategic reason, the cost of opportunity is (72-55) € 17 million.

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