Opportunity Cost Examples - YourDictionary
examples.yourdictionary.com › opportunity-costMr. Brown makes $400 an hour as an attorney and is considering paying someone $1000 to paint his house. If he decides to do it himself, it will take four hours. His opportunity cost for doing it himself is the lost wages for four hours, or $1600. With these examples you can see what opportunity cost means and how it can apply in different situations.