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These authors compute, for the US from 1961 to 2012, the flow value of the opportunity cost of employment, dividing it into a benefit component and the forgone value of nonworking time.
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When the experience of exercise was graded higher than or at the same level as the leisure activity forgone, the value of utility in use of exercise was the same as for the leisure activity forgone.
3. When the experience of exercise was graded in between the experience of work and that of the leisure activity forgone, the value of utility in use of exercise was determined by its position on the scale relative to the positions of work and leisure activity.
If it is a national crisis I may give in my gold jewellery but not otherwise".Worse, depositors have to forgo any value craftsmanship may have added to their gold, and take a further 10% to 15% discount on its value as metal, to pay for the cost of melting.
In a world of limited resources, every choice has an opportunity cost — we forgo the value of that on which the resource would otherwise have been spent.
The harsh reality is that when entertainment companies do hire, they often choose to forgo the value of age and experience in favor of younger, cheaper neophytes.
"A willingness to forgo my values, or what I claimed were my values, for physical attraction/sex.
This is based on the concept of 'opportunity cost', i.e. the value forgone by not utilizing the same resource in its next best alternative use [ 11, 12].
We are in a crisis again -- and the Bush administration is again asking Americans to forgo fundamental values.
"Trump fails to explain what the alleged kickbacks were, how they were obtained, how they could have exceeded $700 million, and why the defendants would forgo $700 million in value," the judge wrote.
The conflict-of-interest is palpable: One might reasonably speculate that target acquisitions that do not look very attractive in month one start to look much better by month 18, as no sponsor wants to actually return the cash to investors and forgo the substantial value of the "founder shares".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com