opportunity cost
/ˌɒpərˈtuːnɪti ˌkɒst/
the loss of potential gain from other alternatives when one alternative is chosen
“The opportunity cost of watching TV is the time you could have spent studying.”
Origin: Economic concept
/ˌɒpərˈtuːnɪti ˌkɒst/
the loss of potential gain from other alternatives when one alternative is chosen
“The opportunity cost of watching TV is the time you could have spent studying.”
Origin: Economic concept