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Politics : Ask Michael Burke

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To: Skeeter Bug who wrote (76453)2/23/2000 5:46:00 PM
From: Don Lloyd  Read Replies (2) of 132070
 
SB -

[...opportunity costs are VERY REAL.]

Actually, ALL costs are opportunity costs.

If I spend my only quarter on an ice cream, my opportunity cost of the ice cream is the inability to spend the quarter on a soda, my second choice.

The opportunity cost of issuing a stock certificate is zero, because every option I previously had, I still have, including issuing an additional stock certificate, or making a secondary offering.

Regards, Don
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