By: Joshua Stafford
What is Opportunity Cost?
Examples of Opportunity Cost
-Someone gives up going to see a movie to study for a test in order to get a good grade. The opportunity cost is the cost of the movie and the enjoyment of seeing it.
Advantages of Opportunity Cost
-You can do what you wanted to do.
Disadvantages of Opportunity Cost
-Are left with discomfort.
-Wished you chose the other choice.