Temporal arteritis, also known as giant cell arteritis, is a condition that involves blood vessel inflammation and damage. According to the University of Maryland Medical Center, this condition may affect the medium or large arteries that supply blood to your head, neck, upper body and arms.
Legal Definition of opportunity cost. : the cost of making an investment that is the difference between the return on one investment and the return on an alternative.
Example is attending College(Economic Cost=accounting cost + opportunity cost): The opportunity cost is the are the four years paycheck you can earn if you weren't in school. -The accounting cost is the tuition, books, housing, food,, and other miscellaneous things your owing now.he opportunity cost is the activity you give up. Economic cost is what it actually costs to make something. For example, if I am making cars, I have to pay for the steel, fabric, fittings, plus pay my workers and, perhaps, advertising, shipping, distribution, &c. These are economic costs.