In economics, one of the most important concepts is 'opportunity cost' - the idea that once you spend your money on something, you can't spend it again on something else.
What does this quote mean?
This quote can be used as a reminder to reflect, share encouragement, or express a thoughtful idea. Create a quote image or explore related quotes below.
Best used for
- Instagram captions
- Pinterest quote pins
- Personal reflection
- Speeches
- Greeting cards
Caption suggestions
Instagram caption
"In economics, one of the most important concepts is 'opportunity cost' - the idea that once you spend your money on something, you can't spend it again on something else." — Malcolm Turnbull #moneywealth
Pinterest title
In economics, one of the most important concepts is 'opportunity cost' - the idea that once yo…
Pinterest description
In economics, one of the most important concepts is 'opportunity cost' - the idea that once you spend your money on something, you can't spend it again on something else. — Malcolm Turnbull
About Malcolm Turnbull
Malcolm Turnbull was a Politician from Australia (1954–present).
Frequently Asked Questions
Who said "In economics, one of the most important concepts is 'opportunity cost' - the id…"?
This quote is attributed to Malcolm Turnbull, a Politician from Australia.
When did Malcolm Turnbull live?
Malcolm Turnbull lived from 1954 – present.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.