Relinquishee, Adoptee, MPE
Author, Speaker.

Understanding Opportunity Costs Leads to Better Decisions

Opportunity Cost is one of those concepts that all of us think we understand, but we’re often unable to calculate the real dollars involved.

In its simplest terms, Opportunity Cost can be defined as follows:

In order to gain something, you must lose something else.

How does, and should, this factor into the decisions we make in our everyday lives?

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