Opportunity Cost: Definition and Example | Indeed.com
www.indeed.com › opportunity-cost-exampleNov 01, 2021 · Opportunity cost = Return on the option not chosen - Return on chosen option. Opportunity cost = $32,000 - $35,000. Opportunity cost = -$3,000. This means you would lose $3,000 if you stay at your current job. 5. Make an informed decision. At this stage, you should know whether or not the financial gains outweigh the costs. With the figures from the formula and your judgment, you should be able to make a well-informed decision. Related: Comparative Advantage: Definition and Benefits ...
What Is Opportunity Cost? - The Balance
www.thebalance.com › what-is-opportunity-cost-357200Dec 05, 2021 · Definition and Example of Opportunity Cost . Opportunity cost is the value of what you lose when choosing between two or more options. When you decide, you feel that the choice you've made will have better results for you regardless of what you lose by making it. As an investor, opportunity cost means that your investment choices will always have immediate and future losses or gains.