Cryptocurrency Q&A
What is opportunity cost short examples?
What is opportunity cost short examples?
Nicola
Fri Jan 17 2025
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8 answers
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I'm trying to understand the concept of opportunity cost and would like to see some brief examples to illustrate it.
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Valentino
Sun Jan 19 2025
Imagine having a gift card and needing to decide between using it on a strawberry smoothie or a banana smoothie.
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Ilaria
Sun Jan 19 2025
Each smoothie offers different benefits and flavors, but only one can be chosen with the gift card.
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Raffaele
Sun Jan 19 2025
Another scenario involves daily spending habits.
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lucas_jackson_pilot
Sun Jan 19 2025
Consider whether to spend $7 every morning on coffee or to invest that money in a retirement account.
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Elena
Sun Jan 19 2025
An example of opportunity cost involves choosing between two options.
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