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Opportunity cost

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1 Opportunity cost on Sun Jul 22, 2018 11:53 pm

ikea


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Opportunity cost

23/7/2018 12:00 am
Dr. Basem Ibrahimi


Opportunity cost is one of the common economic concepts in the economy, which is defined as the cost of not taking advantage of the opportunity available as a result of choosing another alternative,

this concept jumped to my mind and I follow the ongoing demonstrations in the southern provinces to demand services and related works.

She wondered how many missed opportunities we could have had if we had electricity? Or did we have a good infrastructure?.

How many car parts are consumed annually due to poor road construction?

How much is the annual loss caused by the poor quality of imported goods, which makes them cheap for the consumer, but they are expensive for the economy and will achieve little to the accumulation of capital.

And how much more would we be missed if we had achieved our water security?

Should be counted as alternative opportunities lost to the Iraqi economy, and in the same context we lost opportunities in the alternative health sector also after the citizen has become imputed abroad and at high costs to the citizen and the economy, while it could be bypassed by building hospitals here and so in all economic sectors.

For his part, the citizen bears part of this problem, everyone does not guide consumption in electricity or in Water or any other service.

If this is said to be considered a kind of intellectual luxury, a citizen who attacks foreign companies or the airport must

The number of potential employment opportunities is expected to fall as a result of the fear of foreign investors and many may hesitate to enter Iraq.

Stability is a prerequisite for entering foreign capital.

We are on the threshold of forming a new government and we must all cooperate in taking advantage of the opportunity today to change towards a better economic future in accordance with a realistic approach supervised by a number of independent experts,

a realistic and objective approach puts at the forefront a plan aimed at achieving services and infrastructure development as a short-term goal with A long-term goal is to diversify the economy and enhance competitiveness by creating a partnership between the public, private, foreign and domestic sectors.

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