Answer :
Each decision has something that you give up, called the OPPORTUNITY COST.
Opportunity cost is the opportunity you let go in order to get the other option.
Opportunity cost is the opportunity you let go in order to get the other option.
Each decision has something that you give up, called the opportunity costs. An opportunity costs is what you could lose by gaining something else. When you take one alternative over another you are always giving something up, which is the opportunity you could have had.