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(noun)(-)when there is not enough of something
Ex:A scarcity of good quality bungalows has pushed up their prices. |
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(noun)(-)a situation where you accept something bad in order to have something good.
Ex:There's always a trde-off between speed and quality. |
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(noun)the possibility of something bad happening
Ex:People in he Northeast face the highest risk. |
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(noun)the way you deal with or behave towards someone or something
Ex:There have been complaints about the treatment of prisoners. |
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(noun)the benefit that could have been gained from an alternatives use of the same resource.
Ex:It is net operating profit of a firm minus an appropriate charge for the oppourtinity cost of all capital invested in it. |
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