Enter Trade Cost Inputs:

  ElectricianCarpenter
Rewire
Paneling

How does the Trade Cost Calculator work?
Free Trade Cost Calculator - 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