Opportunity Cost
November 28, 2024•195 words
Two physical objects cannot occupy the same space at the same time. If you have any doubts about this - trying jamming both legs into a single pant leg as a quick experiment.
Opportunities are the same - seizing one will generally cost you another.
This is important to consider where tradeoffs of time, money, and desired outcomes are involved.
Here's an example: Let's say you're looking to buy a software or a solution for your business/project. Buying that solution right now might solve a...
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