- It is the value of the second best alternative.
-It is the opportunity that you "gave up" in order to have the option you considered to be the most desirable.
Opportunity Cost applies to every decision you make.
Every time you make a decision, you are giving up the opportunity to do something else.
Don't know why i can relate so strongly to my economics lecture notes.
Okay i refused to feel silly about my sudden day dream
go fuck yourself kthxbye :B
I'm such a hopeless romantic.
Forever dreaming about the perfect guy. SIGHS