Definition of Opportunity cost
a benefit or profit that must be given up in order to gain something else
Examples of Opportunity cost in a sentence
My mother explained she could not buy two snacks and that popcorn would be our opportunity cost if we chose to get candy. 🔊
Samantha looks at the money should would save living in a cheaper place as the opportunity cost of owning a nice home. 🔊
Being able to spend their own earned money is an opportunity cost given up by some housewives. 🔊
Because the city decided to build a new hospital instead of a park, the planned playground will end up an opportunity cost. 🔊
We can only go on one vacation this summer, so a trip to the mountains was ruled an opportunity cost when went to Disney World. 🔊
Other words in the Money and Business category:
Most Searched Words (with Video)
