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Trade Cost Calculator

Enter Trade Cost Inputs:

How does the Trade Cost Calculator work?

Calculates the saved hours under the electrician/carpenter model of specializing in jobs as well as opportunity cost.
This calculator has 4 inputs.

What 1 formula is used for the Trade Cost Calculator?

Combined Rate = Rate 1/Rate 2

For more math formulas, check out our Formula Dossier

What 4 concepts are covered in the Trade Cost Calculator?

opportunity cost: the loss of potential gain from other alternatives when one alternative is chosen.
time: a point of time as measured in hours and minutes past midnight or noon
trade: a study of the structure of international financial interactions
trade cost: all the costs that the trader/investor incurs when transacting on the market, and which are deducted from the sum of money they spend when transacting