What is opportunity cost simple words?

Related questions

1. What is opportunity cost give example?
2. What is your opportunity cost of going to a movie?
3. How useful is opportunity cost?
4. Can opportunity cost be less than 1?
5. What is high opportunity cost?
6. What is opportunity cost theory?
7. What is the basis of opportunity cost?
8. What is the concept of opportunity cost?
9. Do opportunity cost only occur when making spending decisions?
10. Do you want opportunity cost to be high or low?

Tags

1. #chosen
2. #thing
3. #decision
4. #alternative
5. #value
6. #whenever
7. #other
8. #opportunity
9. #alternatives
10. #potential