The Value of Choices

Desolate House in Arid Landscape with Vintage Vehicle
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  • ∆ΑΩ: Sergey Dobro's avatar Artist
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More about The Value of Choices

The concept of "cost of opportunity" refers to the potential benefits that are forgone when choosing one alternative over another. It involves evaluating the value of what is given up in order to pursue a different option.

#business #cost #decisionmaking #economics #opportunity

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