Questions tagged [give up]

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Federico Federico Tue Jan 21 2025 | 6 answers 1318

Is opportunity cost what you give up?

I'm trying to understand opportunity cost. Is it simply what you have to give up when making a choice? Like, if I choose to go to the movies, the opportunity cost would be whatever else I could have done with that time, like reading a book or going for a run?

Is opportunity cost what you give up?

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