From wikipedia:
Opportunity cost is the cost (sacrifice) incurred by choosing one option over an alternative one that may be equally desired. Thus, opportunity cost is the cost of pursuing one choice instead of another. Every action has an opportunity cost.
I’ve read tons of blog posts and message board debates about whether or not going to [...]
Entries Tagged as 'opportunity cost'
Musings: The Opportunity Cost(s) of Medical School
April 22nd, 2008 1 Comment
Tags: Musings · opportunity cost
