It’s an everyday example of what advisers call “opportunity cost” — the difference between the money spent and what could have happened with that money. Instead of chips and a Coke ...

What is an example of opportunity cost in business? The term "opportunity cost" refers to the amount of money that could be earned (or lost) by selecting a particular option. As an example, you bought ...

You can spend money and time on other things, but you can’t spend time reading books or money on something that will help. This is an example of opportunity cost. A business, individual, or investor ...