Opportunity cost ultimately means choosing one option over another, with the ultimate choice being the most valuable one. This might mean spending time at home versus heading out for the evening, ...

Opportunity cost refers to what you miss out on by going with one option over another comparable option. S&P 500 +---% | Stock Advisor +---% Join The Motley Fool ...

Can opportunity cost be applied to non-financial decisions? Opportunity cost can be applied to any kind of decision that involves a trade-off, whether that involves time, money or other resources.

Opportunity cost is a term that refers to the potential value that you forgo when choosing one option over another. It's an economic concept that can be applied to many different situations, ...

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Opportunity cost is the cost of one choice over another option. Business , Business Observer BY DAVID ROSE Observer business writer [email protected] ...