https://www.gro3x.com/products/pmma-clear

Opportunity Cost

 

 

Opportunity cost is a fundamental concept in economics and decision-making that refers to the value of the best alternative that must be forgone in order to pursue a certain action or decision. Essentially, it's the cost of what you are giving up to do what you are currently doing. This concept helps individuals and businesses to evaluate the potential benefits and losses of their choices, encouraging more informed decision-making.

 Next

back