The cost of choosing
Oct 02, 2020
2 minutes
By Simon Brown
pportunity cost is an economic concept meaning that when you make a choice, you forego an alternative one. There is finite ability, money, and time. For example, you decide on a beach holiday, which means you couldn’t have gone to the mountains. Now sure, the mountains are still there, and you could go next time. But whatever happened at the beach
You’re reading a preview, subscribe to read more.
Start your free 30 days