Opportunity Costs
Term · Environment · MLC-T-ENV-019715
1. The value of opportunities forgone because of an intervention program.
2. The monetary value of the resources used in providing a specific set of health-care services, valued in terms of forgone alternative uses.
| Identifier | MLC-T-ENV-019715 |
|---|---|
| Field | Environment |
| Subject | Policy and guidance |
| References | Program Evaluation Glossary; USDA 2004 |
Record as JSON
{
"id": "MLC-T-ENV-019715",
"term": "Opportunity Costs",
"field": "Environment",
"definition": "1. The value of opportunities forgone because of an intervention program.\n\n2. The monetary value of the resources used in providing a specific set of health-care services, valued in terms of forgone alternative uses.",
"subject": "Policy and guidance",
"references": [
"Program Evaluation Glossary",
"USDA 2004"
],
"url": "https://mlchart.com/terminology/environment/opportunity-costs/"
}
Record 19,715 of 30,736 in Environment terminology (MLC-0121). Request the full dataset.